Bought with Michael Restaino
$925,000
$925,000
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2107-09 University Avenue Madison, WI 53726
6,534 Sqft Lot
Key Details
Sold Price $925,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality MADISON
Subdivision University Heights
MLS Listing ID 1976064
Sold Date 04/30/24
Year Built 1904
Annual Tax Amount $14,693
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Sold Comp. Exceptional investment opportunity in University Heights! This property is comprised of 4 units accompanied by 6 outdoor parking spaces. Extensive updates have been completed including windows, roof, foundation, furnace, siding, as well as numerous upgrades within the units. The property has been well maintained and benefits from its close proximity to the UW Hospital, Vet school, and University campus, ensuring a strong tenant demand. The unit configuration consists of two 1-bedroom units, one 2-bedroom unit, and a spacious 3-bedroom unit, all boasting high ceilings, vintage charm, hardwood floors, and private entries. 3 of the units are fully furnished and rented on a monthly basis, presenting a lucrative revenue stream.
Location
State WI
County Dane
Zoning HIS-UH, TR
Rooms
Basement Full, Block
Interior
Interior Features High Speed Internet
Heating Natural Gas
Cooling Radiant/Electric
Exterior
Exterior Feature Vinyl
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
Others
Special Listing Condition Arms Length
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