4813 Monona Dr, Monona

$1,495,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Great Investment Opportunity! Multi-use property includes 9 fully rented, low maintenance units (3 commercial; 6 residential). High visibility & easy access from Monona Dr. Commercial units located on the main level and rented by long term tenants: Am. Fam. Insurance, Skiles Law Office & Monona Alterations. Commercial units feature 24 hr access, ample parking in private lot, signage, sprinkler system, 2 ADA accessible restrooms & common break room w/refrigerator & sink. Residential units accessible through a private entrance in the back of the building off Gordon Ave. 2 residential units on the main level & 4 units on 2nd floor. Each unit is 2 bedrooms/1 bath & feature in-unit laundry, balcony/patio, large kitchen, forced heat, central air, private parking, open concept living/dining.

Lane Estate LLC.

Essential Information
Status Active
Detailed Status Active
Days on Market 50
MLS® # 1874857
Price $1,495,000
Year Built 1994
Type Multi Family
Assessed Value $750,000
Year Assesed 2019
Net Taxes $16,204
Tax Year 2019
Total Income $124,758
Total Expenses $23,331
Net OP Income $101,427
Utilities Separate elec meters, Separate gas meters, Separate water meters
Parking Per Unit 557
Exterior Vinyl, Brick/Stone
Community Information
Address 4813 Monona Dr
MLS® Area MONONA - C
City Monona
County Dane
State WI
Zip Code 53716
School Information
District Monona Grove
Elementary Winnequah
Property Overview
2 Bedroom Units 6
Total Units 9
# of Water Heaters 7
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 6
# of Refrigerators 7
# of Dishwashers 6
Units with AC 9
# of Washers 6
# of Dryers 6
Unit 1 Details
# of Full Baths 2
Lease Expires 2021
Monthly Rent $3,397
Square Feet 1,764
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 12
# of Full Baths 6
Lease Expires MO. to Mo.
Monthly Rent $7,000
Square Feet 7,090
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning RB
Short Sale No
REO / Bank Owned No
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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 02/26/2020.

Copyright 2020 – (South Central Wisconsin MLS) – All Rights Reserved

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