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$699,900   Price Analysis
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705-707 S Dickinson St
Madison, WI 53703
5 bed 3 bath 3,118 SqFt ($224/SqFt)
3,920SqFt lot. Built 1908
Listed 2024-05-02, Taxes $9,626
Ⓧ USDA Ineligible
due to location

near Madison

Great two-unit investment property or owner-occupy rental opportunity in a prime location near Willy St

* Has Contingent Offer *

Lake Monona and close to downtown! The first-floor unit is a two bedroom with pleasing hardwood floors, a roomy living room and a dining room. The second-floor unit was recently renovated in 2019 and features three bedrooms, hardwood floors and a bonus thrd floor that can be used as an office or for other purposes - it also has a full bathroom.

Tenants can sit and relax on the open front porch while enjoying the cool breeze from Monona Lake. Shared laundry in the basement and backyard tremendous for summer BBQs.


Presented by Carlos Alvarado at
The Alvarado Group, Inc.
Listing Agent Photo

Property MLS #1975325 from SCWMLS

Bedrooms: 5

# Stoves: 2
# Dish Washers: 1
Laundry Features: # Washers: 1, # Dryers: 1

2

Full Bathrooms: 3

Heating Features: Heating Type: Forced air, # Furnaces: 2
Heating Fuel: Natural Gas
Water Heaters: 2

Basement Description: Full, Block foundation

Vinyl
Aluminum/Steel

Lot Size Acres: 0.09
Lot Size Square Feet: 3920

Elementary School: Lapham/Marquette
High School: East
Middle School: OKeeffe
School District: Madison

Marquette Elementary School is a public elementary school located approximately 0.2 miles away.
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O'keeffe Middle School is a public middle school located approximately 0.2 miles away.
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East High School is a public high school located approximately 1 miles away.
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Operation Fresh Start is a private elementary, middle and high school located approximately 0.5 miles away.
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Number of Units In Community: 2
Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2
Unit-1 Description: Dining room, Range/oven, Refrigerator, Individual heat control, Wood or sim. wood floor, Pantry, Shared basement
Unit-2 Description: Family/Rec rm, Dining room, Den/office, Balcony/patio, Air conditioning, Range/oven, Refrigerator, Dishwasher, Wood or sim. wood floor, Individual heat control, Pantry, Shared basement
Unit-1 Square Feet: 1233
Unit-2 Square Feet: 1885
Unit 1 Total Actual Rent: 1220
Unit 2 Total Actual Rent: 2225
Unit-1 Bedroom-1 Dimensions: 11 x 11
Unit-1 Bedroom-2 Dimensions: 11 x 10
Unit-2 Bedroom-1 Dimensions: 13 x 11
Unit-2 Bedroom-2 Dimensions: 11 x 11
Unit-2 Bedroom-3 Dimensions: 11 x 10

Gross Income: 41340

Shared laundry
Close to bus line
Water Softener Owned
Fenced yard
Internet - Cable
Annual Tax Amount: 9586
Source Listing Status: Offer-Show
County: Dane
Directions: South on East Washington, left on S Dickinson St
Tax Year: 2023
Source Property Type: Multi Family
Exclusions: sellers' & tenants' personal property
Inclusions: 2 refrigerators, 2 range ovens, 1 dishwasher, 1 microwave, 1 water softener, 1 washer, 1 dryer, 1 lawn mower, shelving in basement, extra doors in basement
Area: MADISON - C E01
Source Neighborhood: MADISON - C E01
Parcel Number: 071007220157
Postal City: Madison
Zoning: TR-C4
Property Subtype: 2 flat-up and down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$377,400 + $112,700
$490,100
$9,626
2021$354,100 + $112,700
$466,800
$9,949
2020$325,900 + $106,300
$432,200
$9,631
2019$303,600 + $96,600
$400,200
$8,948
2018$284,500 + $96,600
$381,100
$8,504
2017$251,700 + $88,600
$340,300
$7,860
2016$228,100 + $81,300
$309,400
$7,337
2015$232,700 + $76,700
$309,400
$7,413
2014$239,000 + $70,400
$309,400
$7,495
2013$227,100 + $70,400
$297,500
$7,324
2012$230,500 + $67,000
$297,500
$7,123
2011$230,500 + $67,000
$297,500
$6,777
2010$230,500 + $67,000
$297,500
$6,542
2008$261,900 + $60,900
$322,800
$6,246
2007$263,700 + $59,100
$322,800
$6,341

Listed 2024-05-02
$699,900
SCWMLS

Year Built: 1908
Property Age: 116
Levels or Stories: 2 flat-up and down

Sewer: Municipal sewer
Separate elec meters
Separate gas meters
Water Source: Municipal water
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.