101-103 Dempsey Rd, Madison

$450,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Prime mixed-use investment property! Currently being used as office on 1st fl and a 1149 sq t 3 bdrm apt on 2nd fl with a 2 car attached garage. 2024 sq ft of office space could be easily converted back to residential if so desired. Rare opportunity to live where you work! Building offers visibility from both North and Southbound lanes of Hwy 51. Off street parking for 9-10 vehicles. Lot offers room for possible expansion! This property is zoned for either residential, retail/office or other uses. Seller would be willing to rent back current office space if Buyer desired.

Restaino & Associates.

Essential Information
Status Active
Detailed Status Active
Days on Market 94
MLS® # 1850481
Price $450,000
Year Built 1975
Type Multi Family
Assessed Value $400,000
Year Assesed 2018
Net Taxes $8,930
Tax Year 2018
Total Income $48,000
Total Expenses $8,930
Net OP Income $39,070
Utilities Separate gas meters
Parking Per Unit 550,551,557
Exterior Aluminum
Community Information
Address 101-103 Dempsey Rd
MLS® Area MADISON - C E05
City Madison
County Dane
State WI
Zip Code 53714
School Information
District Madison
Elementary Schenk
Middle Whitehorse
Property Overview
3 Bedroom Units 2
Total Units 2
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 1
# of Refrigerators 1
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Full Baths 1
# of Half Baths 1
Lease Expires Owner Occu
Monthly Rent $2,500
Square Feet 2,024
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires Owner Occu
Monthly Rent $1,500
Square Feet 1,149
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning CC-T
Barrier Free Level drive, Level lot
Short Sale No
REO / Bank Owned No
Map Views
To load a map, click on one of the tabs above

Get directions to this property:

Properties for Sale Similar to 101-103 Dempsey Rd, Madison, WI

Photo of Listing #1853188

818-820 Brandie Rd, Madison

$339,900

MLS® # 1853188, 17 days, Active

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 04/18/2019.

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

Sign up for email updates