5826 Balsam Road, Madison

$530,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

WOW! Fantastic "4 Unit" Income producing apartment building "for sale", in the Meadowood Neighborhood on Madison's West Side. This "Fully Leased" building boasts Three 2 bedroom apartments, One 1 bedroom apartment and coin laundry. Stop paying rent and owner occupy or buy a solid investment. Additional 1 bedroom / 1 bathroom apartment spare (unfinished) available to become the 5th unit. "Solid Investment". Schedule your showing today!

First Weber Inc.

Essential Information
Status Sold
Detailed Status Sold 1/19/2024
Days on Market 13
MLS® # 1967845
Price $530,000
Year Built 1959
Type Multi Family
Assessed Value $495,000
Year Assesed 2023
Net Taxes $7,881
Tax Year 2023
Total Income $45,600
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557
Exterior Stone, Brick/Stone
Community Information
Address 5826 Balsam Road
MLS® Area MADISON - C W09
City Madison
County Dane
State WI
Zip Code 53711
School Information
District Madison
Elementary Orchard Ridge
Middle Toki
High Memorial
Property Overview
1 Bedroom Units 1
2 Bedroom Units 3
Total Units 4
# of Furnaces 1
# of Water Softeners 4
Heat Fuel Natural Gas
# of Stoves 4
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 02/28/2024
Monthly Rent $875
Parking None
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 02/28/2024
Monthly Rent $975
Parking None
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 02/28/2024
Monthly Rent $975
Parking None
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 02/28/2024
Monthly Rent $975
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning SR-V1
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 05/01/2024.

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

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