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Matt Winzenried

Matt Winzenried Real Estate Partners

[email protected] +1(608) 358-4396

Listed by Sprinkman Real Estate

$ 575,000

Est. payment -/mo

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Pending

5718 Balsam Road Madison, WI 53711

8 Beds

4 Baths

3,600 SqFt

UPDATED:

02/27/2025 11:20 PM

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

Acres 0.27

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

Direction South on Whitney Way, right on Thrush, right on Iris Lane- becomes Balsam Road at the curve.

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

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

Heat Source Natural Gas

Exterior

Parking Features 1 space, Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Orchard Ridge

Middle Schools Toki

High Schools Memorial

School District Madison

Matt Winzenried

Broker Associate | License ID: 103319

+1(608) 358-4396

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Matt Winzenried

5718 Balsam Road Madison, WI 53711

Key Details

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Interior

Exterior

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Schools

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5718 Balsam Road