Sold
1830 Helene Parkway, Madison
$515,800
MLS® # 1966178, 82 days, Sold
4609 Thurston Lane, Fitchburg
$720,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Rare opportunity to own a value add property that also provides immediate cash flow. Upgrades include: new roof in 2017, dishwashers added in 2018, new water heater in 2018, new boiler in 2018. All 8 units 2 bed 1 bath. Laundry and storage in basement. Parking lot shared with building next door. Left hand side of parking lot is for Thurston Lane residents. Some units under market due to long term residents. With contemporary updates market rent for compatible units is over $1200.
Century 21 Affiliated.
Essential Information
Status Sold
Detailed Status Sold 10/27/2023
Days on Market 16
MLS® # 1962495
Price $720,000
Year Built 1970
Type Multi Family
Assessed Value $682,100
Year Assesed 2022
Net Taxes $14,028
Tax Year 2022
Total Income $86,412
Total Expenses $68,297
Net OP Income $18,114
Utilities Separate elec meters
Parking Per Unit 557
Exterior Vinyl, Brick/Stone
Community Information
Address 4609 Thurston Lane
MLS® Area FITCHBURG - C
City Fitchburg
County Dane
State WI
Zip Code 53711
School Information
District Verona
Elementary Call School District
Middle Call School District
High Call School District
Property Overview
2 Bedroom Units 8
Total Units 8
# of Water Heaters 1
Heat Fuel Natural Gas
# of Stoves 8
# of Refrigerators 8
# of Dishwashers 2
Units with AC 8
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 06/30/2024
Monthly Rent $1,000
Square Feet 830
Parking 2 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 09/30/2024
Monthly Rent $1,100
Square Feet 830
Parking 2 Space
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 MTM
Monthly Rent $995
Square Feet 830
Parking 2 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 08/31/2024
Monthly Rent $1,000
Square Feet 830
Parking 2 Space
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning G2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Sold
Map Views
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Data provided by the South Central Wisconsin MLS as of 05/08/2024.
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