Sold
214-216 S Henry Street, Madison
$850,000
MLS® # 1973927, 13 days, Sold
515 N Pinckney Street, Madison
$918,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Mansion Hill district - 7 Unit. Steps from Lake Mendota, UW and Downtown Madison. This Claude and Starck Prairie School designed gem was built in 1914 and has a poured concrete foundation, two boilers, two water heaters, one water softener a large one car, matching, detached garage for future added income or owner usage. The original character remains in tact. Some long term residents with most units rented through the 2024 rental period. Upside income potential can may be derived from under market rents, adding coin laundry, charging for off street parking in driveway and or garage which is not currently being rented. Don't miss this opportunity to own a income producing asset in the Mansion Hill district!
Restaino & Associates Era Powered.
Essential Information
Status Sold
Detailed Status Sold 8/7/2023
Days on Market 28
MLS® # 1957258
Price $918,000
Year Built 1914
Type Multi Family
Assessed Value $650,000
Year Assesed 2023
Net Taxes $13,469
Tax Year 2022
Total Income $89,400
Net OP Income $89,400
Parking Per Unit 549,552,557
Exterior Wood, Brick/Stone, Stucco
Community Information
Address 515 N Pinckney Street
MLS® Area MADISON - C W01
City Madison
County Dane
State WI
Zip Code 53703
School Information
Property Overview
Efficiency Units 1
1 Bedroom Units 6
Total Units 7
# of Furnaces 6
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 7
# of Refrigerators 7
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Full Baths 1
Lease Expires 08/12/2024
Monthly Rent $1,000
Square Feet 700
Parking 1 Car Garage
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 08/12/2024
Monthly Rent $1,400
Square Feet 850
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 08/12/2024
Monthly Rent $1,100
Square Feet 750
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 08/12/2024
Monthly Rent $1,200
Square Feet 720
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning DR1 HIS-MH
Barrier Free Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
Terms Exchange
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
Price Reduced from $1,000,000 to $950,000
Map Views
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Data provided by the South Central Wisconsin MLS as of 05/02/2024.
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