410-412 W Mifflin Street, Madison

$915,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Only 410 Mifflin sold. 423-425 W. Dayton is now available as a stand alone property. See MLS #1959891. Two non-contiguous properties for sale together, totaling 6 units. High demand location for student housing, the properties are fully leased through August 2024. Several newer mechanicals and appliances. Some parking spots leased separately. Upside potential with below market rate rents. Current monthly income of $12,565 excludes coin op W&D dryer income. Rents increase to $12,900 later this year.

First Weber Inc.

Essential Information
Status Sold
Detailed Status Sold 8/17/2023
Days on Market 36
MLS® # 1951852
Price $915,000
Year Built 1906
Type Multi Family
Assessed Value $808,300
Year Assesed 2023
Net Taxes $15,170
Tax Year 2022
Total Income $83,100
Utilities Separate elec meters
Parking Per Unit 550,552
Exterior Aluminum
Community Information
Address 410-412 W Mifflin Street
MLS® Area MADISON - C W01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Property Overview
2 Bedroom Units 1
3 Bedroom Units 2
Total Units 3
# of Water Heaters 2
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 08/14/2024
Monthly Rent $1,975
Square Feet 1,590
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 4
# of Full Baths 2
Lease Expires 08/14/2024
Monthly Rent $2,400
Square Feet 1,590
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 5
# of Full Baths 2
Lease Expires 08/14/2024
Monthly Rent $2,550
Square Feet 1,254
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning DR2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Price Reduced from $1,900,000 to $1,050,000
Price Reduced from $4,140,000 to $1,900,000
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 05/02/2024.

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