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Sona Olson

sona@therec.net +1(608) 770-1896

Listed by Assist 2 Sell Homes 4 You Realty

$ 1,450,000

8 Beds

4 Baths

3,248 SqFt

Save

$ 1,450,000

Save

8 Beds

4 Baths

3,248 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building

Listing Status Pending

Purchase Type For Rent

Square Footage 3,248 sqft

MLS Listing ID 1984907

Bedrooms 8

Full Baths 4

Year Built 1965

Annual Tax Amount $21,554

Tax Year 2023

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type Apartment building

Property Description

Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1260, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1265, Unit #4 $1215. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.

Location

State WI

County Dane

Area Madison - C W06

Zoning Commercial

Direction From HWY 14, exit onto Mineral Point Rd heading East. Turn left on Nautilus Drive and the property will be on your right.

Rooms

Basement Poured concrete foundatn

Interior

Heating Radiant

Inclusions Refrigerator (8), range/oven (8), washer (2), dryer (2).

Heat Source Natural Gas

Exterior

Parking Features Detached

Utilities Available Separate elec meters

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Muir

Middle Schools Jefferson

High Schools Memorial

School District Madison

Nearby School & Business

+1(608) 770-1896

sona@therec.net

2005 W Beltline Hwy, Suite 103, Madison

225 Nautilus Drive Madison, WI 53705