Sold
1830 Helene Parkway, Madison
$515,800
MLS® # 1966178, 82 days, Sold
5718 Balsam Road, Madison
$465,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Desirable floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure owner/property manager maintenance room with additional storage and work area is another perk of ownership.
Keller Williams Realty.
Essential Information
Status Sold
Detailed Status Sold 12/15/2023
Days on Market 16
MLS® # 1965849
Price $465,000
Year Built 1962
Type Multi Family
Assessed Value $425,000
Year Assesed 2023
Net Taxes $7,247
Tax Year 2022
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 555,557
Exterior Brick/Stone
Community Information
Address 5718 Balsam Road
MLS® Area MADISON - C W09
City Madison
County Dane
State WI
Zip Code 53711
School Information
Property Overview
2 Bedroom Units 4
Total Units 4
# 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 8/31/2024
Monthly Rent $1,085
Square Feet 832
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 6/30/2024
Monthly Rent $1,075
Square Feet 832
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 10/31/2024
Monthly Rent $1,100
Square Feet 832
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 mo to mo
Monthly Rent $995
Square Feet 832
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning SR-V1
Barrier Free Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot, Width
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Sold
Status Changed from Offer-Show to Active
Status Changed from Active to Offer-Show
Map Views
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Data provided by the South Central Wisconsin MLS as of 05/01/2024.
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