411-417 Rogers Street, Madison

$1,400,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Sold via 1 party listing. A rare opportunity to purchase two adjacent 4-unit apartment buildings in Madison’s trendy Marquette neighborhood. Just blocks from Lake Mendota & the Yahara River, both buildings are fully rented & stabilized. Consisting of eight identical 2 BR 1 Bath units, each with 1 onsite parking space, hardwood floors, large living rooms, full kitchens, tons of windows & private storage in basement. Tenants pay heat & electric & $15/mo for water. Properties have been fully rented & well maintained during their 20+ years of ownership. New roofs 2021. Only showing limited number of units during showing times, all units will be available upon accepted offer. MLS rents include water & pet fee. Showings Tuesday & Wednesday 12-2pm Appointment required!

Luetke Investment Real Estate.

Essential Information
Status Sold
Detailed Status Sold 4/2/2024
Days on Market 258
MLS® # 1957534
Price $1,400,000
Year Built 1922
Type Multi Family
Assessed Value $1,120,000
Year Assesed 2023
Net Taxes $20,834
Tax Year 2022
Total Income $109,800
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 555
Exterior Wood
Community Information
Address 411-417 Rogers Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
2 Bedroom Units 2
Total Units 8
# of Water Heaters 4
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2024
Monthly Rent $1,165
Square Feet 730
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/2024
Monthly Rent $1,125
Square Feet 735
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 8/14/2024
Monthly Rent $1,175
Square Feet 730
Parking 1 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 8/14/2024
Monthly Rent $1,105
Square Feet 730
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning HIS-TL
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to SoldPrice Reduced from $1,625,000 to $1,400,000
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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 04/30/2024.

Copyright 2024 – (South Central Wisconsin MLS) – All Rights Reserved

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