505 Alan Dr, Mount Horeb

$1,050,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Well maintained brick 8-unit building with excess land with potential to develop. Fully leased building with year to year leases. Newer roof, mechanicals and 6 AC units. New coin-operated laundry onsite.

Madison Commercial Real Estate Llc.

Essential Information
Status Sold
Detailed Status Sold 5/12/2023
Days on Market 13
MLS® # 1950767
Price $1,050,000
Year Built 1976
Type Multi Family
Assessed Value $567,000
Year Assesed 2022
Net Taxes $11,682
Tax Year 2022
Total Income $103,764
Utilities Separate elec meters
Parking Per Unit 555
Exterior Brick/Stone
Community Information
Address 505 Alan Dr
MLS® Area MOUNT HOREB - V
County Dane
State WI
Zip Code 53527
School Information
District Mount Horeb
Elementary Mount Horeb
Middle Mount Horeb
Property Overview
2 Bedroom Units 2
Total Units 8
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Other
# of Stoves 8
# of Refrigerators 8
# of Dishwashers 2
Units with AC 8
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 12/31/2023
Monthly Rent $1,155
Square Feet 800
Parking 1 Space
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 01/31/2024
Monthly Rent $1,155
Square Feet 800
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 12/31/2023
Monthly Rent $1,102
Square Feet 800
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 07/31/2023
Monthly Rent $915
Square Feet 800
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning R3
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
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Data provided by the South Central Wisconsin MLS as of 05/03/2024.

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