Bought with The Hub Team
$650,000
$650,000
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6302 Eastgate Road Monona, WI 53716
10,062 Sqft Lot
Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality MONONA
MLS Listing ID 1962900
Sold Date 01/04/24
Year Built 1972
Annual Tax Amount $7,942
Tax Year 2022
Lot Size 10,062 Sqft
Acres 0.231
Property Description
Well maintained, brick 4 unit property in growing Monona! All four units are identical 2 bed/1 bath apartments with dedicated on site parking. Currently owned and self managed by a small, local, landlord. Many long term tenants and upside on rents. Actual rents are $1015, $1100, $1100, $1010 + laundry income. Nearby comparable rents are $1400-1450 + utility fees, parking, pet, laundry & misc. This property is within minutes of newer restaurants, shops, lake Monona & more. There is also easy access to the Beltline for any commuters. All four apartments are the same finish/style/floor plan, but flooring/paint/refresh has been completed at any recent turn overs.
Location
State WI
County Dane
Zoning G2
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas
Cooling Radiant/Electric
Exterior
Exterior Feature Brick
Parking Features Detached
Utilities Available Separate Electric Meters
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
High Schools Monona Grove
School District Monona Grove
Others
Special Listing Condition Arms Length
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