Bought with Jim Stopple
$1,175,000
$1,195,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
314 N Breese Terrace Madison, WI 53726
4,791 Sqft Lot
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality MADISON
Subdivision University Heights
MLS Listing ID 1995842
Sold Date 05/02/25
Year Built 1909
Annual Tax Amount $15,631
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Rare investment opportunity alert! Welcome to this prime UW Madison 4-unit apartment located just steps away from Camp Randall Football Stadium at the vibrant intersection of University Ave & N Breese Terrace. Enjoy a convenient walking distance to UW Madison, engineering hall, UW Hospital, and various local businesses. The property is fully leased for the 2024-2026 rental season, generating a solid annual gross income of $109,500 for 2025-2026. Features include three onsite parking spaces, shared laundry in the basement, hardwood floors, private balconies, and an impressive track record of being easy to rent. With its excellent location and rental income potential, this property is a must-see for savvy investors seeking a prime Madison location. Don't miss out on this opportunity!
Location
State WI
County Dane
Zoning TRU1-HISUH
Rooms
Basement Full, Partially Finished
Interior
Interior Features Water Softener
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Wood
Utilities Available Separate Electric Meters, Separate Gas Meters
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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