Sold
2009 Cameron Drive, Madison
$327,000
MLS® # 1967910, 5 days, Sold
1305-1307 Theresa Terr, Madison
$410,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Excellent cash-flowing investment opportunity and upside in this West Madison duplex! Each side has 4 bedrooms and 1.5 baths. Currently under-rented with market rents of $1,700+/unit resulting in an 8%+ cap rate. Tenants pay all utilities. Many recent updates throughout, including LVP flooring in both units, some windows, washers and dryers, stainless steel appliances, and more! Close to schools, parks, bike trails, shopping and bus line. Professionally managed. Leases on file and available upon request. Please do not trespass on property or disturb tenants without a scheduled showing.
Real Broker Llc.
Essential Information
Status Sold
Detailed Status Sold 5/30/2023
Days on Market 5
MLS® # 1953996
Price $410,000
Year Built 1972
Type Multi Family
Assessed Value $341,200
Year Assesed 2022
Net Taxes $6,676
Tax Year 2022
Total Income $33,900
Utilities Separate water meters, Separate elec meters, Separate gas meters
Parking Per Unit 556,557
Exterior Wood
Community Information
Address 1305-1307 Theresa Terr
MLS® Area MADISON - C W08
City Madison
County Dane
State WI
Zip Code 53711
Property Overview
3 Bedroom Units 2
Total Units 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 2
Units with AC 2
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 4
# of Full Baths 1
# of Half Baths 1
Lease Expires 05/31/2024
Monthly Rent $1,400
Square Feet 1,375
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 4
# of Full Baths 1
# of Half Baths 1
Lease Expires 02/29/2024
Monthly Rent $1,425
Square Feet 1,375
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning SR-C3
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
Map Views
Properties for Sale Similar to 1305-1307 Theresa Terr, Madison, WI
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 05/18/2024.
Copyright 2024 – (South Central Wisconsin MLS) – All Rights Reserved