3 story mixed-use building located in the heart of Madison just off State St. and University Ave. There are 3 residential units above and 3 commercials units on the remaining levels below. 4 stacked parking stalls located on the side of the building leased out at $400/month. Fully leased with an annual gross income of $117,500. This is across from the new "Hub" a mixed use project at State St. & N. Frances St. that will include 329 apartment units.
Great Owner occupied opportunity perched on the shores of Lake Monona frontage. This 3 flat offers breathtaking lake views and 40 feet of frontage. Strong consistent leases with the opportunity to owner occupy the lower unit. The garage is situated across the street. Hardwood floors and charm throughout.
Fantastic income potential on the Isthmus!. In the heart of all that is new, these two beautiful homes offer great potential for your portfolio. Newer mechanicals in both buildings and an untapped parking potential with the new owner. Each unit has been well taken care of by the current owner and updates made. Seize this opportunity today!
Fantastic location - east side of Capitol three flat. Perfect for Investor or Owner-occupant. Fully rented and great occupancy history. This building was completely renovated/gutted in 2003, which included new electric, plumbing, mechanicals, roof, walls, flooring, kitchen & baths - property is still in great condition and is low maintenance. Nice park across the street on Lake Mendota with lake access. Buyer to verify SF.
Update, gorgeous 3-Unit Victorian one block from Lake Monona on a large lot! New roof, newer windows. Hardwood floors, beautiful woodwork, updated kitchens and baths, onsite laundry. Detached 2 car garage built in 1998. Wood siding and paint in perfect condition. Long term and conscientious tenants in this highly desirable property in highly desirable neighborhood. Professionally managed and maintained.
Great investment opportunity just 3 blocks from the Capitol Square and James Madison Park. This large home may be rented as one 9 bedroom unit or 3 separate three bedroom units. Each unit features updated kitchens, wood floors, full basement with washer and dryer, two large front porches and three parking spaces. Home is fully rented through August 2014. Porches and exterior trim painted in '07 and partial roof replacement in 09. Basement has had extensive work completed minimizing future maintenance.
4 unit apartment building downtown. Excellent rental history. (never a vacancy in over 10 years) Most all units have nice re-finished hardwood flooring. No maintenance vinyl siding & windows & newer appliances. Brand new Boiler was installed in 2008. All units have been remodeled recently & show excellent. 2013 Gross Rental Income was $44,108.81. Total Expenses were $15,876.96 which included Real Estate Taxes of $8,604.46 & property insurance of $1,221. Net Income after all expenses was $28,231.85.
Large 2 flat in the heart of Bassett District w/downtown and UW campus convenience. Features include large exterior porches, off street parking, shared coin-op laundry, extra basement storage and recent improvements including replacement windows, updated kitchens, newer boiler, roof and updated wiring. Apt. 2 has converted attic space and typically rents to 5 tenants. Call today!
Campus 2 flat located 2 blocks from the Kohl Center and 4 blocks from State St. Many recent updates including a new roof, new furnace, new water heater, and a new coin-op washer & dryer. One unit has 2 bedrooms and one full bath. The other unit has 3 bedrooms and one full bath. Currently leased as one whole house at $2,625/month and already leased for the next 2014-2015 rental season at $2,995/month. Can be rented as 2 units with separate entrances.
Beautiful 5 bedroom single family home zoned multifamily. Many updates including new kitchen appliances, new washer and dyer, new windows, new water heater and new concrete driveway. There is hardwood floors throughout, 2 full bathrooms and onsite parking. Currently leased out at $2,325/month with tenants paying utilities and also leased out for the 2014-2015 season at $2,495/month with tenants paying all utilities. Continue as to use as a rental income property or it would make a great single family home.