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Listed by Jim Schuessler • Stark Company, REALTORS
$ 975,000
Est. payment /mo
Contingent
1521 Trailsway Madison, WI 53704
0.28 Acres Lot
UPDATED:
10/15/2024 08:12 AM
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Municipality MADISON
Subdivision Brentwood
MLS Listing ID 1987148
Year Built 1961
Annual Tax Amount $14,992
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Description
SHOWING TO START 10/5th. Solid 8 unit, convenient to Madison Metro bus line, schools, Warner Park and shopping (Jenifer St. Market!). New roof, driveway & parking lot. Vinyl replacement windows. All units have balconies. 4 units overlook Warner Park. City is investing in major improvements to Warner Park. See associated docs for more info. Landlord pays heat & water/sewer. units pay their own electric (separately metered). 3 units currently vacant and in process of improvements. #5 $1,110/mo., #6 $1200/mo., #7 Vacant, #8 Vacant. Rents in this neighborhood average close to $1300/mo. for similarly-sized units. This property has strong potential for the motivated investor.
Location
State WI
County Dane
Zoning SR-V1
Rooms
Basement Full, Poured Concrete, Sump Pump
Interior
Interior Features Water Softener, High Speed Internet
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 8 refrigerators, 8 oven/ranges, 1 water softener
Exterior
Exterior Feature Brick
Utilities Available Separate Electric Meters
Building
Dwelling Type 2 Story
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Emerson
Middle Schools Sherman
High Schools East
School District Madison
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