Bought with Lori Schilling
$465,000
$460,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5718 Balsam Road Madison, WI 53711
0.27 Acres Lot
Key Details
Sold Price $465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality MADISON
MLS Listing ID 1965849
Sold Date 12/15/23
Year Built 1962
Annual Tax Amount $7,247
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
Property Description
Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Desirable floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure owner/property manager maintenance room with additional storage and work area is another perk of ownership.
Location
State WI
County Dane
Zoning SR-V1
Rooms
Basement Full, Poured Concrete
Interior
Interior Features Water Softener, High Speed Internet
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Brick
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison
Others
Special Listing Condition Arms Length
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