1124-1148 Morraine View Dr, Madison

$7,560,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Unique opportunity to own 84 condominium units located on Madison’s west side near Elver Park. 24 units are two bedrooms with one bath & 60 units are three bedrooms with one bath. All units have a washer/dryer, stove, refrigerator, PTAC HVAC system in the living room and electric baseboard heat in the bedrooms. Included with the sale are 51 underground parking stalls which are deeded to the condominium unit. This condo association has a total of 154 condo units, 108 underground parking stalls & 177 outdoor parking stalls on 7.64 acres. Owning 84 units out of the 154 units would have 54.54% ownership. Condo dues are $250/month per unit and parking dues are $25/month per parking stall.

Madison Property Management, Inc..

Essential Information
Status Active
Detailed Status Active
Days on Market 12
MLS® # 1895884
Price $7,560,000
Year Built 1989
Type Multi Family
Year Assesed 2020
Tax Year 2019
Total Income $96,320
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 554,557,558
Exterior Vinyl, Aluminum, Brick/Stone
Community Information
Address 1124-1148 Morraine View Dr
MLS® Area MADISON - C W09
City Madison
County Dane
State WI
Zip Code 53719
Property Overview
2 Bedroom Units 23
3 Bedroom Units 61
Total Units 84
# of Water Heaters 13
# of Water Softeners 7
Heat Fuel Electric
# of Stoves 84
# of Refrigerators 84
# of Dishwashers 84
Units with AC 84
# of Washers 84
# of Dryers 84
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires See Leases
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
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning SR-V2
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 10/26/2020.

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

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