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402 Rustic Drive

Madison, WI 53718
  • $1,495,000
  • STATUS: Offer-Show
  • ON SITE: 142 Days
  • ID#: 1976800
Under Contract
UPDATED: 23 min ago
$1,495,000
  • 0
    BEDS
  • 1.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,456
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001
County:

School Ratings & Info

Listing provided by Sprinkman Real Estate: 608-467-9596

Description

Ten bedrooms and 9.5 baths. Currently used as a licensed adult family home. There are 5 studio suites with kitchenettes, full accessible private bathrooms, and minisplit (private HVAC). Private office, Open floor plan, large kitchen with walk-in pantry. 3 additional main floor bedrooms and 3 full baths. 2 rooms have a jack/jill bath to share, one is a full suite with full kitchen and stubbed for shower & toilet and his/hers walk in closets, 3 bedroom has a bath just next to it but not adjoining. Finished lower level with 1 bedroom, kitchen, living room 3 sided fireplace, separate entrance from garage. Two additional rooms with closets but not legal bedrooms. Screened porch, ADA ramps, basketball count in backyard. (AFH packet notes 8 beds, 2 extra for staff- 10 total)

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Shine Realty. Data last updated: 2024-10-03T16:41:43.487.
www.housesthatshine.com/homes/150464862
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402 Rustic Drive Madison, WI 53718

  • Price: $1,495,000
  • Status: Offer-Show
  • On Site: 142 Days
  • Updated: 23 min ago
  • ID#: 1976800
0
Beds
0
Baths
0
½ Baths
1.17
Acres
10,456
SQFT
$143
$/SQFT
2001
Built
Neighborhood:
Madison - C E11
County:
Dane
Area:
Madison - C E11
Property Description
Ten bedrooms and 9.5 baths. Currently used as a licensed adult family home. There are 5 studio suites with kitchenettes, full accessible private bathrooms, and minisplit (private HVAC). Private office, Open floor plan, large kitchen with walk-in pantry. 3 additional main floor bedrooms and 3 full baths. 2 rooms have a jack/jill bath to share, one is a full suite with full kitchen and stubbed for shower & toilet and his/hers walk in closets, 3 bedroom has a bath just next to it but not adjoining. Finished lower level with 1 bedroom, kitchen, living room 3 sided fireplace, separate entrance from garage. Two additional rooms with closets but not legal bedrooms. Screened porch, ADA ramps, basketball count in backyard. (AFH packet notes 8 beds, 2 extra for staff- 10 total)
Exterior Features

Building Parking 6-10 spacesOnsitePaved Exterior VinylStone Loading Docks 0 Location Free standingResidential area Roof Composition Type Other

Interior Features

Basement FullPoured concrete foundatn Ceiling Height Max 14 Ceiling Height Min 8 Commercial Features Private RestroomsResidential unit(s)Reception areaInside storagePrivate office(s)Recreation facilities Heating Cooling Forced airCentral airOtherZoned heating Seating Capacity 11-20 persons Unit1 Gross Sq Ft 0

Property Features

Annual Operating Expenses 148334 Business Sale Yes City Town Or Village City County Quarter East Metro Madison Documents On File Lease(s)P & L statementProperty Condition Report Fuel Natural gasElectric Gross Operating Income 329440 Lease Only No Lease Type None Licenses Special use Mailing City Madison Net Operating Income 181106 Net Taxes 18411 Occupancy OwnerTenant(s) Present Use Living quarters Real Estate Sale Yes Sale Includes Lease(s)OptionsInventoryFurniture Source Sq Ft Seller Tax Year 2023 Tenant Pays N/A Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning SR-C1

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Sprinkman Real Estate: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Shine Realty. Data last updated: 2024-10-03T16:41:43.487.
 
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Shine Realty
101 N Main St.
Jefferson WI, 53549
Listing provided by Sprinkman Real Estate: 608-467-9596