1002-1004 Severson Dr, Madison

$499,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

NEW STAINLESS APPLIANCES both units! Amazing side by side two unit with fantastic rental history. Boasting over 2100 sq ft on each unit! Each unit features four large bedrooms, three full baths, huge family room w/fireplaces, awesome master suites w/double vanity’s & walk-in closets, premium flooring, new decks, walkout lower level to yard and large 2 car garages. new carpet, wood/laminate flooring, large .51 Acre Lot. Ideal location. Easy rental, units are rarely vacant. Perfect set up for owner occupy. SHOW UNIT 1002 FIRST. IF BUYERS HAVE INTEREST SET UP SECOND SHOWING FOR UNIT 1004 2018 Rental INCOME $47,400.00

Inventure Realty Group, Inc.

Essential Information
Status Active
Detailed Status Active
Days on Market 92
MLS® # 1858202
Price $499,000
Year Built 2005
Type Multi Family
Assessed Value $380,000
Year Assesed 2018
Net Taxes $8,583
Tax Year 2018
Total Income $47,400
Total Expenses $3,200
Net OP Income $44,200
Parking Per Unit 550,551,560
Exterior Stone, Vinyl, Brick/Stone
Community Information
Address 1002-1004 Severson Dr
MLS® Area MADISON - C E12
City Madison
County Dane
State WI
Zip Code 53718
School Information
District Madison
Elementary Elvehjem
Middle Sennett
Property Overview
3 Bedroom Units 2
Total Units 2
# of Water Heaters 2
# of Water Softeners 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 2
Units with AC 2
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 4
# of Full Baths 3
Lease Expires Vacant
Monthly Rent $1,950
Square Feet 2,160
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 4
# of Full Baths 3
Lease Expires 01/31/2020
Monthly Rent $2,000
Square Feet 2,160
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning R3
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $515,000 to $499,000
Price Reduced from $525,000 to $515,000
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Data provided by the South Central Wisconsin MLS as of 08/19/2019.

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