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705 Lone Oak Lane

Madison, WI 53593
  • $850,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: 1987185
UPDATED: 35 min ago
$850,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,443
    SQFT
  • $348
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Listing provided by Sprinkman Real Estate: 608-467-9596

Description

Licensed 4 bed Adult Family Home (AFH) located in Verona, Wisconsin. This is a very desirable suburb of Madison, in Dane County. This beautiful home was built in 2007 and owner managed since 2009.There are four private bedrooms. One of the rooms has its own private bathroom and there is another shared common bathroom for the residents. The home has great curb appeal & is nicely furnished. There is a finished basement with another full bathroom and extra storage. The basement could be used as an office or as an apartment for employees. The home also includes a 2-car garage, fenced in yard, a front porch and a back deck. Currently all 3 out of 4 of the beds are occupied. At 75% occupancy, this a turnkey opportunity for a new owner/investor to hit the ground running.

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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: 2024-12-07T20:41:34.853.
www.klodowskirealestate.com/homes/156850028
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705 Lone Oak Lane Madison, WI 53593

  • Price: $850,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 35 min ago
  • ID#: 1987185
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,443
SQFT
$348
$/SQFT
2007
Built
Neighborhood:
Madison - C W08
County:
Dane
Area:
Madison - C W08
Property Description
Licensed 4 bed Adult Family Home (AFH) located in Verona, Wisconsin. This is a very desirable suburb of Madison, in Dane County. This beautiful home was built in 2007 and owner managed since 2009.There are four private bedrooms. One of the rooms has its own private bathroom and there is another shared common bathroom for the residents. The home has great curb appeal & is nicely furnished. There is a finished basement with another full bathroom and extra storage. The basement could be used as an office or as an apartment for employees. The home also includes a 2-car garage, fenced in yard, a front porch and a back deck. Currently all 3 out of 4 of the beds are occupied. At 75% occupancy, this a turnkey opportunity for a new owner/investor to hit the ground running.
Exterior Features

Building Parking 1-5 spacesOnsiteEnclosed Exterior Vinyl Loading Docks 0 Location Residential area Roof Composition Type Service

Interior Features

Basement FullPoured concrete foundatn Ceiling Height Max 9 Ceiling Height Min 9 Heating Cooling Forced airCentral air Seating Capacity 1-10 persons Unit1 Gross Sq Ft 670

Property Features

Annual Operating Expenses 157474 Business Sale Yes City Town Or Village City County Quarter West Metro Madison Documents On File Lease(s)Inventory listProperty Condition ReportRestrictions/Covenants Fuel Natural gas Gross Operating Income 393061 Lease Only No Lease Type Mixed lease types Mailing City Verona Miscellaneous Internet -Fiber Available Net Operating Income 235587 Net Taxes 7571 Occupancy OwnerTenant(s) Present Use ServiceLiving quarters Real Estate Sale Yes Sale Includes Business nameLease(s)OptionsEquipmentInventoryCustomer list Source Sq Ft Assessor Tax Year 2023 Tenant Pays N/A Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning TR-C3

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Sprinkman Real Estate: .



© 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: 2024-12-07T20:41:34.853.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Sprinkman Real Estate: 608-467-9596