$560,000 Price Analysis    ♡   Madison, WI 53703 6 bed 6 bath 2,730 SqFt ($205/SqFt) 5,227SqFt lot. Built 1959 Listed 2024-05-16 | Ⓧ USDA Ineligible due to location near Madison |
This purpose built duplex offers a low maintenance design/construction with 4 bedroom 3 bathroom first floor unit and a 4 bedroom 2.5 bathroom second floor unit.
* Sale Pending *With pro forma rents at $700-$800/bedroom, this property meets or exceeds the 1% rule (~8GRM). Each bedroom has its own in-wall air cond itioning making the units attractive to tenants and efficient for the owner with separately metered electricity the tenants pay.
The property also offers ample parkng for 4+ cars behind the building. These large units are tremendous for rental or owner occupancy alike.
Presented by Paul Haviland at
STARK COMPANY REALTORS.
Property MLS #1975572 from SCWMLS
Laundry Features: # Washers: 1, # Dryers: 1
1/2 Bathrooms: 1
Heating Fuel: Natural Gas
Water Heaters: 2
Lot Size Square Feet: 5227
Garage Features: Outside
Parking Total: 4
High School: East
Middle School: OKeeffe
School District: Madison
Map directions Map directions Map directions Map directions Map directionsNumber of Units: 2
Number of 3 Bedroom Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Full Bathrooms in Unit-1: 3
Full Bathrooms in Unit-2: 2
Half Bathrooms in Unit-2: 1
Unit-1 Description: Family/Rec rm, Range/oven, Refrigerator, Individual heat control, Wood or sim. wood floor, Separate Storage Unit Inc, Shared basement
Unit-2 Description: Family/Rec rm, Range/oven, Refrigerator, Wood or sim. wood floor, Separate Storage Unit Inc, Individual heat control, Shared basement
Unit-1 Square Feet: 1365
Unit-2 Square Feet: 1365
Unit 1 Total Actual Rent: 2850
Unit 2 Total Actual Rent: 2750
County: Dane
Directions: E Washington Ave to north on N Brearly St
Tax Year: 2023
Source Property Type: Multi Family
Inclusions: 2 ranges/ovens, 2 refrigerators, 2 microwaves, basement stand up freezer, 1 washer, 1 dryer, all wall/window AC units, 1 refrigerator (offsite) dehumidifier.
Area: MADISON - C E01
Source Neighborhood: Brown's
Parcel Number: 0709-131-1402-4
Postal City: Madison
Subdivision: Brown's
Zoning: TR-V1
Property Subtype: Apartment building, 2 story, 2 flat-up and down
Source System Name: C2C
$560,000
SCWMLS
Sold 2000-07-31
$185,000
Public Record
Property Age: 65
Levels or Stories: Apartment building, 2 story, 2 flat-up and down
Water Source: Municipal water
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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.