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4650 Hayes Road, Madison, WI 53704

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For Sale

$700,000

8 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 31-40 Years Old
    Age

Explore this Property

This fully leased 4~unit apartment building offers steady cash flow and well~maintained living spaces. Built in 1986, each of the four 2~bedroom, 1~bath units features a private 1~car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low~ to moderate~income households at or below 80% of area income limits, based on HUD s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through October 2025. Roof replaced 2011, Energy efficiency improvements October 2022: Blower door test, Attic air sealing and additional insulation, Bathroom vent fans replaced..
MLS# 2002933

Courtesy Of The McGrady Group LLC

(608) 772-3640

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Dishwasher, Dryer
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Radiant
  • Lot Size
    0.28 Acres

Map and Directions

Directions to 4650 Hayes Road, Madison, WI 53704

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(608) 365-1481
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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