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Noelle Stevens, Broker/Owner
6907 University Ave, Suite 222
Middleton, WI 53562
(608) 592-2100
noelle@madisonflatfeehomes.com

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$560,000 For Sale

1719 Chadbourne Ave
Madison, WI 53726

4 units | Multi Family Home
6970 sq ft - MLS# 1853583
Property Photo
1/27

Description

CONTACT SELLER FOR SHOWING: NANCY (608) 220- 7611. Excellent investment opportunity! This fabulous 4-unit rental is located in a beautiful residential area, just a block to Camp Randall Stadium and close to UW Engineering campus! Building has been well maintained and features many original vintage details. Massive front porch plus a walk-out porch above and 2 sun rooms on the rear units. 2 outdoor parking spaces for each unit, plus potential for additional parking income! Most appliances are new, roofs replaced in 2009, lots of new carpet and driveway just re-graveled. Landlord pays all utilities. Coin-op washer and dryer in the basement plus storage space.

Features

  • # Dryers: 1
  • # Furnaces: 1
  • # Refrigerators: 4
  • # Stoves: 4
  • # Washers: 1
  • # Water Heaters: 1
  • # Water Softeners: 1
  • Basement: Full, Other foundation
  • City/Town/Village: City
  • Directions: Regent Street To North On Lathrop, Left On Chadbourne
  • Elementary School: Franklin/Randall
  • Exterior: Wood
  • Heating Fuel: Natural Gas
  • High School: West
  • Items Included: 4 Ranges, 4 Refrigerators, 1 Coin-Op Washer, 1 Coin-Op Dryer, Water Softener
  • Land Assess: 121100
  • Listing Office: Madisonflatfeehomes.com
  • Middle School: Hamilton
  • Municipality: Madison
  • Net Operating Income: 44904
  • Net Taxes: 10256
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 2
  • Number Of Efficiencies: 1
  • School District: Madison
  • Source Of Est. Acres: Assessor
  • Subdivision: University Heights
  • Tax Year: 2017
  • Total Assess: 438000
  • Total Expenses: 6996
  • Total Income: 51900
  • Unit 1: 2-Bed, 1-Full-Bath, 1300 SqFt
  • Unit 2: 1-Bed, 1-Full-Bath, 900 SqFt
  • Unit 3: 1-Bed, 1-Full-Bath, 600 SqFt
  • Unit 4: 2-Bed, 1-Full-Bath, 1200 SqFt
  • Water/Waste: Municipal Water, Municipal Sewer
  • Zoning: HIS-UH
  • Sub Type: Multi Family Home
  • Year Built: 1912

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