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4414 Dwight Drive

Madison, WI 53704
  • $1,395,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 1986709
UPDATED: 19 min ago
$1,395,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Haven Real Estate Partners: 608-213-8242

Description

Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF 23 and NEW PARKING LOT 20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nations #1 multifamily market.

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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: 2024-10-11T06:41:46.017.
www.klodowskirealestate.com/homes/155922275
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4414 Dwight Drive Madison, WI 53704

  • Price: $1,395,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 19 min ago
  • ID#: 1986709
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1969
Built
Neighborhood:
Madison - C E07
County:
Dane
Area:
Madison - C E07
Elementary School:
Sandburg
Middle School:
Sherman
High School:
East
School District:
Madison
Property Description
Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF 23 and NEW PARKING LOT 20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nations #1 multifamily market.
Exterior Features

Exterior Brick Parking Spaces Outside 12 Parking Stalls Inside 12 Type Apartment building2 story Unit1 Parking 1 Space Unit2 Parking 1 Space

Interior Features

Basement FullPoured concrete foundatn Clothes Dryers 2 Clothes Washers 2 Dish Washers 0 Heating Type Radiant Number Of Efficiencies 0 Number Of One Bedrooms 12 Number Of Three Plus Beds 0 Number Of Two Bedrooms 0 Refrigerators 12 Stoves 12 Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 12x9 Unit1 Living Great Room Dim 19x13 Unit1 Master Bedroom Dim 12x12 Unit1 Sq Ft 600 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 600 Units With AC 12

Property Features

Association South Central WI City Town Or Village City County Quarter East Metro Madison Fuel Natural Gas Furnaces 1 Mailing City Madison Net Taxes 0 Open House No Park Unit 1 spaceOutside Source Acreage Assessor Tax Year 2024 Total Income 143160 Unit1 Rent 1045 Unit2 Rent 995 Water Heaters 1 Water Softeners 1 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning Commercial

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Haven Real Estate Partners: 608-213-8242.



© 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: 2024-10-11T06:41:46.017.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Haven Real Estate Partners: 608-213-8242