Sold
2101 Lake Point Drive, Madison
$595,000
MLS® # 1969566, 9 days, Sold
2009 Lake Point Drive, Madison
$465,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
This well-maintained 3-unit property offers a solid investment opportunity. Each unit is kept in good condition, ensuring reliable accommodation for tenants. The building features three distinct apartments, each with a practical layout suitable for a variety of tenants. Located in an area with strong rental demand, the property is positioned for consistent rental income. This makes it a sensible choice for investors looking to add to their portfolio or for those new to property investment. The property combines steady cash flow potential with the benefits of real estate appreciation. Or a solid choice for owner-occupants.
Exp Realty, Llc.
Essential Information
Status Sold
Detailed Status Sold 4/5/2024
Days on Market 9
MLS® # 1969559
Price $465,000
Year Built 1958
Type Multi Family
Assessed Value $309,900
Year Assesed 2023
Net Taxes $5,600
Tax Year 2022
Total Income $42,900
Utilities Separate elec meters
Parking Per Unit 557
Exterior Vinyl
Community Information
Address 2009 Lake Point Drive
MLS® Area MADISON - C E15
City Madison
County Dane
State WI
Zip Code 53713
School Information
District Madison
Elementary Call School District
Middle Call School District
High Call School District
Property Overview
Efficiency Units 1
1 Bedroom Units 1
2 Bedroom Units 2
Total Units 3
# of Furnaces 1
# of Water Heaters 3
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 9/30/2024
Monthly Rent $1,475
Square Feet 900
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 11/30/2024
Monthly Rent $1,145
Square Feet 900
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires vacant
Monthly Rent $955
Square Feet 800
Additional Information
Zoning TR-V1
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 05/01/2024.
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