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4414 Dwight Drive

Madison, WI 53704
  • $1,495,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: 1976363
UPDATED: 172 min ago
$1,495,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Haven Real Estate Partners: 608-213-8242

Description

Investors! Welcome into a prime 12-unit rental property. 6.3% CAP rate. Strategically located on Madison's thriving East Side, just moments from the dynamic pulse of Sun Prairie and a stone's throw from East Town Mall and key bus routes. These professionally maintained 1BR/1BA units boast a history of strong occupancy and steady cash flow. Recent investments include new parking lot and roof bring ongoing profitability while on-site laundry enhances tenant convenience. This property guarantees consistent returns and strong upside for your portfolio. Nearby AmFam campus and the brand-new UW Health East Park Medical Center"completed this year"cement the area's appeal. Demand for units like these is strong...Don't miss your opportunity to invest in the #1 Multi-Fam Market in the country!

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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: 2024-06-24T09:41:58.153.
www.housesthatshine.com/homes/150574680
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4414 Dwight Drive Madison, WI 53704

  • Price: $1,495,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 172 min ago
  • ID#: 1976363
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1969
Built
Neighborhood:
Madison - C E07
County:
Dane
Area:
Madison - C E07
Elementary School:
Sandburg
Middle School:
Sherman
High School:
East
School District:
Madison
Property Description
Investors! Welcome into a prime 12-unit rental property. 6.3% CAP rate. Strategically located on Madison's thriving East Side, just moments from the dynamic pulse of Sun Prairie and a stone's throw from East Town Mall and key bus routes. These professionally maintained 1BR/1BA units boast a history of strong occupancy and steady cash flow. Recent investments include new parking lot and roof bring ongoing profitability while on-site laundry enhances tenant convenience. This property guarantees consistent returns and strong upside for your portfolio. Nearby AmFam campus and the brand-new UW Health East Park Medical Center"completed this year"cement the area's appeal. Demand for units like these is strong...Don't miss your opportunity to invest in the #1 Multi-Fam Market in the country!
Exterior Features

Exterior Brick Parking Spaces Outside 12 Parking Stalls Inside 12 Type Apartment building2 story Unit1 Parking 1 Space Unit2 Parking 1 Space

Interior Features

Basement FullPoured concrete foundatn Clothes Dryers 2 Clothes Washers 2 Dish Washers 0 Heating Type Radiant Number Of Efficiencies 0 Number Of One Bedrooms 1 Number Of Three Plus Beds 0 Number Of Two Bedrooms 0 Refrigerators 12 Stoves 12 Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 12x9 Unit1 Living Great Room Dim 19x13 Unit1 Master Bedroom Dim 12x12 Unit1 Sq Ft 600 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 600 Units With AC 12

Property Features

Association South Central WI City Town Or Village City County Quarter East Metro Madison Fuel Natural Gas Furnaces 1 Mailing City Madison Net Taxes 23893 Open House No Park Unit 1 spaceOutside Source Acreage Assessor Tax Year 2023 Total Income 140580 Unit1 Rent 995 Unit2 Rent 990 Water Heaters 1 Water Softeners 1 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning Commercial

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Haven Real Estate Partners: 608-213-8242.



© 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: 2024-06-24T09:41:58.153.
 
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Shine Realty
101 N Main St.
Jefferson WI, 53549
Listing provided by Haven Real Estate Partners: 608-213-8242