2107-09 University Avenue, Madison

$925,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Sold Comp. Exceptional investment opportunity in University Heights! This property is comprised of 4 units accompanied by 6 outdoor parking spaces. Extensive updates have been completed including windows, roof, foundation, furnace, siding, as well as numerous upgrades within the units. The property has been well maintained and benefits from its close proximity to the UW Hospital, Vet school, and University campus, ensuring a strong tenant demand. The unit configuration consists of two 1-bedroom units, one 2-bedroom unit, and a spacious 3-bedroom unit, all boasting high ceilings, vintage charm, hardwood floors, and private entries. 3 of the units are fully furnished and rented on a monthly basis, presenting a lucrative revenue stream.

Accord Realty.

Essential Information
Status Sold
Detailed Status Sold 4/30/2024
Days on Market 1
MLS® # 1976064
Price $925,000
Year Built 1904
Type Multi Family
Assessed Value $890,000
Year Assesed 2024
Net Taxes $14,693
Tax Year 2023
Total Income $97,260
Parking Per Unit 557
Exterior Vinyl
Community Information
Address 2107-09 University Avenue
MLS® Area MADISON - C W14
City Madison
County Dane
State WI
Zip Code 53726
School Information
District Madison
Elementary Franklin/Randall
Middle Hamilton
High West
Property Overview
1 Bedroom Units 2
2 Bedroom Units 1
3 Bedroom Units 1
Total Units 4
# of Furnaces 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 4
# of Refrigerators 4
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 10/26/23
Monthly Rent $1,800
Square Feet 675
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 01/27/24
Monthly Rent $2,640
Square Feet 1,000
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 12/11/23
Monthly Rent $1,750
Square Feet 500
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 08/01/24
Monthly Rent $1,455
Square Feet 890
Parking 1 Space
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning HIS-UH, TR
Barrier Free First floor bedroom, First floor full bath, Level drive, Level lot
Short Sale No
REO / Bank Owned No
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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 05/20/2024.

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

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