1505 Steensland Dr, Madison

$259,900

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Great opportunity for an investor or owner-occupant. All brick 3-unit. Main floor has a 1 & 2 bedroom unit. LL has 3-bedroom. Great location, close to downtown. Unit 3 - Direct lease with the Community Action Coalition through 4/30/20 but willing to terminate early. Could owner-occupy the 3-bedroom or find another tenant at a higher monthly rent. The 1 and 2 bedroom units have long-standing tenants. No water softener. Coin-Op Washer & Dryer have a lease with owner. Owner gets % of income, approx $30/mo. 2018 Gas, H20, & Common Area Electric approx $2800. New Roof & Water Heater in 2019. Dimensions approx. verify if important.

Kothe Real Estate Partners LLC.

Essential Information
Status Offer-Show
Detailed Status Offer-Show
Days on Market 30
MLS® # 1866104
Price $259,900
Year Built 1956
Type Multi Family
Assessed Value $291,500
Year Assesed 2019
Net Taxes $6,174
Tax Year 2018
Total Income $26,400
Utilities Separate elec meters
Parking Per Unit 557
Exterior Brick/Stone
Community Information
Address 1505 Steensland Dr
MLS® Area MADISON - C E04
City Madison
County Dane
State WI
Zip Code 53704-3941
School Information
District Madison
Elementary Emerson
Middle Sherman
High East
Property Overview
1 Bedroom Units 1
2 Bedroom Units 1
3 Bedroom Units 1
Total Units 3
# of Furnaces 1
# of Water Heaters 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 05/30/2020
Monthly Rent $600
Square Feet 560
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 04/30/2020
Monthly Rent $700
Square Feet 792
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 04/30/2020
Monthly Rent $900
Square Feet 1,050
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning TR-V2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Offer-Show
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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 09/15/2019.

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

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