201 S Bassett Street, Madison

$665,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Showings begin 3/8. This fully rented, 3-unit property is the ideal opportunity for a seasoned or aspiring investor. You’ll have peace of mind knowing all three kitchens AND bathrooms have been recently updated (2019), the furnace is newer (2022), and the garage roof was replaced within the past year (2023). Within walking distance to the UW-Madison campus, Lake Monona, and attractions along State Street & the Capitol Square, this property is truly in the heart of Madison. The garage spot is an additional charge of $50/month and the coin-op washer & dryer generates about $100/mo. Don’t miss the opportunity!

Re/max Preferred.

Essential Information
Status Sold
Detailed Status Sold 4/26/2024
Days on Market 11
MLS® # 1971720
Price $665,000
Year Built 1904
Type Multi Family
Assessed Value $492,100
Year Assesed 2023
Net Taxes $8,906
Tax Year 2023
Total Income $48,452
Total Expenses $28,938
Net OP Income $19,514
Parking Per Unit 549,551
Exterior Vinyl
Community Information
Address 201 S Bassett Street
MLS® Area MADISON - C W01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Property Overview
1 Bedroom Units 1
2 Bedroom Units 2
Total Units 3
# of Furnaces 1
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
# of Dishwashers 1
Units with AC 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/24
Monthly Rent $1,650
Square Feet 980
Parking Street
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 8/15/24
Monthly Rent $1,575
Square Feet 980
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 8/16/24
Monthly Rent $850
Square Feet 538
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning DR2
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Sold
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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 05/08/2024.

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

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