1521 Trailsway Save Request In-Person Tour Request Virtual Tour
Madison,WI 53704
$ 975000
8 Beds
4 Baths
3800 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 story
Listing Status Offer Show
Purchase Type For Rent
Square Footage 3,800 sqft
Subdivision Brentwood
MLS Listing ID 1987148
Bedrooms 8
Full Baths 4
Year Built 1961
Annual Tax Amount $14,992
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Description
SHOWING TO START 10/5th. Solid 8 unit, convenient to Madison Metro bus line, schools, Warner Park and shopping (Jenifer St. Market!). New roof, driveway & parking lot. Vinyl replacement windows. All units have balconies. 4 units overlook Warner Park. City is investing in major improvements to Warner Park. See associated docs for more info. Landlord pays heat & water/sewer. units pay their own electric (separately metered). 3 units currently vacant and in process of improvements. #5 $1,110/mo., #6 $1200/mo., #7 Vacant, #8 Vacant. Rents in this neighborhood average close to $1300/mo. for similarly-sized units. This property has strong potential for the motivated investor.
Location
State WI
County Dane
Area Madison - C E04
Zoning SR-V1
Direction Sherman Ave. to Trailsway
Rooms
Basement Full,Poured concrete foundatn,Sump pump
Interior
Heating Radiant
Inclusions 8 refrigerators, 8 oven/ranges, 1 water softener
Heat Source Natural Gas
Exterior
Garage 1 space
Utilities Available Separate elec meters
Building
Water Municipal water,Municipal sewer
Structure Type Brick
Schools
Elementary Schools Emerson
Middle Schools Sherman
High Schools East
School District Madison