6302 Eastgate Road, Monona

$650,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Well maintained, brick 4 unit property in growing Monona! All four units are identical 2 bed/1 bath apartments with dedicated on site parking. Currently owned and self managed by a small, local, landlord. Many long term tenants and upside on rents. Actual rents are $1015, $1100, $1100, $1010 + laundry income. Nearby comparable rents are ~$1400-1450 + utility fees, parking, pet, laundry & misc. This property is within minutes of newer restaurants, shops, lake Monona & more. There is also easy access to the Beltline for any commuters. All four apartments are the same finish/style/floor plan, but flooring/paint/refresh has been completed at any recent turn overs.

The Hub Realty.

Essential Information
Status Sold
Detailed Status Sold 1/4/2024
Days on Market 60
MLS® # 1962900
Price $650,000
Year Built 1972
Type Multi Family
Assessed Value $499,800
Year Assesed 2023
Net Taxes $7,942
Tax Year 2022
Total Income $54,456
Total Expenses $15,453
Net OP Income $39,003
Utilities Separate elec meters
Parking Per Unit 552,557
Exterior Brick/Stone
Community Information
Address 6302 Eastgate Road
MLS® Area MONONA - C
City Monona
County Dane
State WI
Zip Code 53716
School Information
District Monona Grove
Elementary Winnequah
Property Overview
2 Bedroom Units 4
Total Units 4
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
# of Dishwashers 1
Units with AC 4
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 11/30/2024
Monthly Rent $1,155
Square Feet 800
Parking 1 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 AVAILABLE
Square Feet 800
Parking 1 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 7/31/2024
Monthly Rent $1,100
Square Feet 800
Parking 1 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 4/30/2024
Monthly Rent $1,010
Square Feet 800
Parking 1 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 Offer-Show to Sold
Status Changed from Active to Offer-Show
Status Changed from Offer-Show to Active
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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