502 S Mills St, Madison

$325,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

High cash flow positive two unit available in thriving downtown Madison, ideal housing for medical, student, and downtown specific tenants. Leases are on file, expense and income reports available. Situated on corner lot within minutes of walking distance to hospitals, entertainment district, university, zoo and parks. Current rents are below market rate for area and can be increased within a few months.

EXP Realty, LLC.

Essential Information
Status Active
Detailed Status Offer-Show
Days on Market 24
MLS® # 1852537
Price $325,000
Year Built 1920
Type Multi Family
Assessed Value $306,400
Year Assesed 2018
Net Taxes $6,585
Tax Year 2017
Total Income $23,220
Utilities Separate water meters, Separate elec meters, Separate gas meters
Parking Per Unit 561
Exterior Vinyl
Community Information
Address 502 S Mills St
MLS® Area MADISON - C W14
City Madison
County Dane
State WI
Zip Code 53715
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Property Overview
2 Bedroom Units 2
Total Units 2
# of Water Heaters 2
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/15/2019
Monthly Rent $1,090
Square Feet 840
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/15/2019
Monthly Rent $845
Square Feet 840
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning TR-C3
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $350,000 to $325,000
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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 04/18/2019.

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

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