5818 Balsam Rd, Madison

$309,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Great opportunity for an investment property in west side of Madison! This 4-unit has all 2 bedroom units and is 100% occupied with long-term tenants. GAI $31200; tenants pay heat and electric; landlord pays water& sewer. Lots of upgrades: new windows 2014, Units 1 & 2 have new kitchen cabinets, new counter tops and new floor in kitchen and dining area. Shared laundry, full basement with storage. Very convenient location, close to bus line.

American, REALTORS.

Essential Information
Status Offer-Show
Detailed Status Offer-Show
Days on Market 128
MLS® # 1847781
Price $309,900
Year Built 1959
Type Multi Family
Assessed Value $255,000
Year Assesed 2018
Net Taxes $5,742
Tax Year 2018
Total Income $28,800
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557
Exterior Stone, Vinyl, Brick/Stone
Community Information
Address 5818 Balsam Rd
MLS® Area MADISON - C W09
City Madison
County Dane
State WI
Zip Code 53711
School Information
District Madison
Elementary Orchard Ridge
Middle Toki
High Memorial
Property Overview
2 Bedroom Units 4
Total Units 4
# of Water Heaters 4
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires M to M
Monthly Rent $650
Square Feet 800
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires M to M
Monthly Rent $650
Square Feet 800
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires M to M
Monthly Rent $650
Square Feet 800
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires M to M
Monthly Rent $600
Square Feet 800
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning SR-V1
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Offer-Show
Price Reduced from $335,000 to $309,900
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.

Data provided by the South Central Wisconsin MLS as of 05/24/2019.

Copyright 2019 – (South Central Wisconsin MLS) – All Rights Reserved

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