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1915 University Avenue

Madison, WI 53726
  • $757,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 1983360
UPDATED: 196 min ago
$757,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Berkshire Hathaway HomeServices True Realty: 608-239-2559

Description

Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (the 5th lease signed soon), plus $50/month for 1 parking spot. Both units have laundry, covered porches, and parking. GRM is 10.6! Gross Income is $ 71,400/year. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-10-15T23:41:46.413.
www.klodowskirealestate.com/homes/153913426
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1915 University Avenue Madison, WI 53726

  • Price: $757,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 196 min ago
  • ID#: 1983360
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1899
Built
Neighborhood:
University Heights
County:
Dane
Area:
Madison - C W14
Elementary School:
Franklin/Randall
Middle School:
Hamilton
High School:
West
School District:
Madison
Property Description
Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (the 5th lease signed soon), plus $50/month for 1 parking spot. Both units have laundry, covered porches, and parking. GRM is 10.6! Gross Income is $ 71,400/year. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Exterior Features

Exterior VinylAluminum/Steel Parking Spaces Outside 3 Parking Stalls Inside 0 Type 2 story2 flat-up and down Unit1 Parking 1 Space Unit2 Parking 2 Space

Interior Features

Basement Full Clothes Dryers 2 Clothes Washers 2 Dish Washers 2 Heating Type Forced air Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 1 Number Of Two Bedrooms 1 Refrigerators 2 Stoves 2 Unit1 Family/Rec rmEat-in kitchenBalcony/patioRange/ovenRefrigeratorDishwasherWasher/dryer Unit1 Bedroom2 Dim 12x12 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 17x17 Unit1 Living Great Room Dim 13x16 Unit1 Master Bedroom Dim 14x14 Unit1 Sq Ft 1300 Unit2 Family/Rec rmEat-in kitchenBalcony/patioRange/ovenRefrigeratorDishwasherWasher/dryer Unit2 Bedroom2 Dim 22x14 Unit2 Bedroom3 Dim 12x12 Unit2 Bedrooms 5 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 10x13 Unit2 Living Great Room Dim 11x13 Unit2 Master Bedroom Dim 14x14 Unit2 Other Room Dim 8x26 Unit2 Other Room2 Dim 13x10 Unit2 Other Room3 Dim 7x15 Unit2 Sq Ft 2100 Units With AC 0

Property Features

Association South Central WI City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 1 Legal Documents Joint driveway agreementIncome/Exp Report Avail Mailing City Madison Miscellaneous Close to bus line Net Taxes 12242 Open House No Park Unit Outside Source Acreage Assessor Tax Year 2024 Total Income 71400 Unit1 Rent 1800 Unit2 Rent 4000 Water Heaters 2 Water Softeners 0 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning TR-UH

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Berkshire Hathaway HomeServices True Realty: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-10-15T23:41:46.413.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Berkshire Hathaway HomeServices True Realty: 608-239-2559