Take advantage of the low vacancy rate in Madison and buy this 37 unit luxury apartment building. The building is not yet construction; plans and pricing details are available. This project is in the affluent Grandview Commons neighborhood with fantastic views of the Capitol and Lake Monona. Location is in close proximity to schools, libraries, airport and highway access. Location offers something for everyone; restaurants, shopping, and health care needs.
4 apartment buildings with a total of 37 units located just off Stoughton Rd and Buckeye. FULLY LEASED with new roofs on all 4 buildings in 2012. Tenants pay heat, hot water and electric in 16 units and all tenants pay electric. Off street parking, hardwood floors and carpet and dish washers in 16 units. Two buildings have boiler systems and two buildings have separate forced air units for each apartment. 2012 Annual gross income was $294,878. Contact agent for rent roll.
Brick 14 unit apartment located downtown just off E. Gorham St. Twelve units are 1 bedroom, one unit is an efficiency and one unit is a 2 bedroom. Beautiful hardwood floors throughout each unit, close to campus, tenants pay electric and cooking gas. Fully leased for the 2013-2014 rental season with an annual gross income of $128,580. In addition 5 of the 14 units are already renewed for the 2014-2015 season. Easy to rent, new water heater installed in 2012 & a 1 car garage in back with a shared driveway.
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 $350/month. Fully leased with an annual gross income of $113,690.
16 unit apartment complex with onsite parking located just of E. Washington Ave. on Madison s east side. This parcel consist of two 8 unit apartment buildings with four 2 bedroom units and four 1 bedroom units in each building. Tenants pay electric, gas and garbage removal. There are a total 16 electric water heaters. (Property is being sold as is)
A rare opportunity! Fully rented multi-unit in the popular Wil-Mar neighborhood complete with lake views of Monona. With an incredibly stable rental history, this is your chance to get a fantastic income property that will draw enthusiastic tenants who want to be part of the downtown action. Surrounded by hip boutiques, restaurants and nightclubs your future tenants will never want to leave! Well maintained, easily rented, and located in a bustling and active neighborhood, this one will perform.
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.
8 unit condominium building with vinyl siding and beautiful setting adjacent to West Towne for convenient shopping and dining. This well cared for 8 unit condominium building in High Point, includes a newer roof, newer hot water heater, newer hallway carpet, low condominium association insurance and taxes. Many long term tenants. Continue to own as rental or sell as condominiums units.
Showings begin 12.9.13. 4 unit located a block north of University. Close to downtown Middleton and very close to beltline. Great yard space for all units, with additional parking. Units are in solid condition and have always rented. Room to increase rents based on other neighborhood rentals. Each unit has basement space for extra storage. Great location and great upside! Property being sold "As-Is".