617-713 Chase Boulevard, Sun Prairie

$6,200,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Priced at only $95,161 per unit! This property consists of (7) 8-unit buildings featuring 700 sq. ft. 1-bedroom apartments in which LL pays water, sewer, gas for a water heater that serves the entire building and common area electric. In addition, there is (1) 6-unit building featuring 975 sq. ft. 2-bedroom apartments in which LL only pays water and sewer as heat and an electric water heater are individually metered. The buildings feature brick exteriors and private entries on a 6-acre cul-de-sac site. It adjoins the 21-acre Carriage Hills Estates Park and is walking distance to Downtown Sun Prairie. The building has been operated as a 50 and older community since construction, this age restriction is being removed.

American, Realtors.

Essential Information
Status Sold
Detailed Status Sold 8/23/2023
Days on Market 7
MLS® # 1956928
Price $6,200,000
Year Built 1976
Type Multi Family
Assessed Value $2,129,100
Year Assesed 2023
Net Taxes $46,997
Tax Year 2022
Total Income $720,985
Total Expenses $181,951
Net OP Income $539,033
Utilities Separate elec meters
Parking Per Unit 555,556
Exterior Brick/Stone
Community Information
Address 617-713 Chase Boulevard
MLS® Area SUN PRAIRIE - C
County Dane
State WI
Zip Code 53590
School Information
Property Overview
1 Bedroom Units 56
2 Bedroom Units 6
Total Units 62
# of Furnaces 56
# of Water Heaters 8
# of Water Softeners 8
Heat Fuel Electric
# of Stoves 62
# of Refrigerators 62
# of Dishwashers 8
Units with AC 62
# of Washers 8
# of Dryers 8
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires varies
Monthly Rent $995
Square Feet 700
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires varies
Monthly Rent $995
Square Feet 700
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires varies
Monthly Rent $1,313
Square Feet 975
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires varies
Monthly Rent $1,313
Square Feet 975
Parking 2 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning PUD
Barrier Free Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Stall shower,
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Sold
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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 05/03/2024.

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