$725,000
$749,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,235 SqFt
SOLD DATE : 07/05/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 2,235 sqft
Price per Sqft $324
Subdivision Greenbush
MLS Listing ID 1978035
Sold Date 07/05/24
Bedrooms 5
Full Baths 3
Year Built 1894
Annual Tax Amount $8,369
Tax Year 2023
Lot Size 5,880 Sqft
Acres 0.135
Property Sub-Type Apartment building,2 story
Property Description
LOCATION, Location, location!!! Greenbush/Vilas neighborhood is only blocks from SSM Health St. Mary's Hospital on Park Street and UW-Madison college campus. 3-unit apartment building with a 100% occupancy in the last 15 years. The owner has done all the hard work for you! Renovated all 3 apartments in 2023 and leased thru 2025! Refinished hardwood floors in all 3 units have been beautified and ready to last another decade. Total gross annual income is over $60,000 and priced just over a 12 GIM. Located within walking distance to Camp Randall which means you can park cars on your lot for Badger Football home games! Tenants pay gas and electric. Central air added. Coin-op laundry in basement. All 3 units have a private patio/balcony. Never a vacancy due to the great location.
Location
State WI
County Dane
Area Madison - C W14
Zoning TR-C3
Direction Park Street to West on Vilas Avenue
Rooms
Basement Full, Other foundation
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features 1 space, Outside
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Wood
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
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