225 Nautilus Drive Active

Madison,WI 53705

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MADISON

MLS Listing ID 1984907

Year Built 1965

Annual Tax Amount $21,554

Tax Year 2023

Lot Size 0.620 Acres

Acres 0.62

Property Description

Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1225, Unit #4 $1175. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.

Location

State WI

County Dane

Zoning Commercial

Rooms

Basement Poured Concrete

Interior

Interior Features Water Softener,High Speed Internet

Heating Natural Gas

Cooling Radiant/Electric

Inclusions Refrigerator (8), range/oven (8), washer (2), dryer (2).

Exterior

Exterior Feature Brick

Parking Features Detached

Utilities Available Separate Electric Meters

Building

Dwelling Type Apartment Building

Sewer Municipal Water,Municipal Sewer

New Construction N

Schools

Elementary Schools Muir

Middle Schools Jefferson

High Schools Memorial

School District Madison

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