1521 Trailsway

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

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