5718 Balsam Road Pending

Madison,WI 53711

$ 575000

8 Beds

4 Baths

3600 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Pending

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $159

MLS Listing ID 1993806

Bedrooms 8

Full Baths 4

Year Built 1962

Annual Tax Amount $8,149

Tax Year 2024

Lot Size 0.270 Acres

Property Sub-Type Apartment building,2 story

Property Description

Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Owner occupy is also an option. Great floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure manager maintenance room with additional storage and work area is another perk of ownership. Expertly managed & well maintained.

Location

State WI

County Dane

Area Madison - C W09

Zoning SR-V1

Interior

Heating Forced air

Inclusions 4 Stoves, 4 Refrigerators, 2 Dishwashers, 1 Coin-Op Washer, 1 Coin-Op Dryer, 1 Water Softener

Exterior

Parking Features 1 space,Outside

Utilities Available Separate elec meters,Separate gas meters

Building

Water Municipal water,Municipal sewer

Structure Type Brick

Schools

Elementary Schools Orchard Ridge

Middle Schools Toki

High Schools Memorial

School District Madison

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