423 W Dayton Street, Madison

$801,525

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Perfect location for student housing. Fully leased through August 2024. This property has 6 separately leased parking spots for additional income. All units have gas stoves. Washer/Dryer 1 year old. Updated electrical panels, furnaces, and water heaters. Parking leases add up to $600/month. Total projected income based on August '23 to August '24 rents is $5945/month, including parking. Fantastic metrics for the location. Less than 12 GRM! Or tear down and redevelop.

First Weber Inc.

Essential Information
Status Sold
Detailed Status Sold 11/15/2023
Days on Market 197
MLS® # 1959891
Price $801,525
Year Built 1896
Type Multi Family
Assessed Value $749,200
Year Assesed 2023
Net Taxes $14,285
Tax Year 2022
Total Income $71,340
Utilities Separate elec meters
Parking Per Unit 557,558
Exterior Vinyl
Community Information
Address 423 W Dayton 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 $2,025
Square Feet 1,187
Parking None
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 4
# of Full Baths 1
Lease Expires 08/14/2024
Monthly Rent $2,020
Square Feet 1,187
Parking None
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 08/14/2024
Monthly Rent $1,300
Square Feet 700
Parking None
Landlord Pays Elec Yes
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
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.

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

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