Description
4414 Dwight Drive,
Madison,
WI
53704
Fantastic, fully~leased 12~unit building grossing $11,845\mo in rent (plus laundry income) =$143k\yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF 23 and NEW PARKING LOT 20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR\1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49~$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand~new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nations #1 multifamily market..
This is an Active listing.
Broker Office Phone Number: 608-213-8242
Copyright © 2024South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Haven Real Estate Partners via Data Source: South Central Wisconsin MLS Corporation
Multi Family
Property type
Sandburg
Schools
Sandburg
Elementary
Sherman
Middle
East
High
Price History
date | price | variance | type |
---|
10/15/2024 | $1,395,000 | - | Listed |
listing agent: Jonathan Poletti