PeteWaite
BEDS0
BATHS
MLS#2035487
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison
Listing Courtesy of:
GeorgeSon Realty, LLC
Agency Phone: 608-335-0100
Property Description
FULLY Occupied! Located on Madison's South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: Apartment building, 2 story
Stories: 2.0
Taxes: $8,894
Year Built: 1960
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 4:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Amenities
Brick
Feature Descriptions
Days on Site: 3
Exterior: Brick
Units: 4
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: West
Middle School: Cherokee Heights
Elementary School: Midvale/Lincoln
School District: Madison
Listed By / Shown By
Listed By
Agency Name: GeorgeSon Realty, LLC
Agency Phone: 608-335-0100
Shown By
Agent Name: Pete Waite
Agent Phone: (608) 576-5865
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 4,092.31 per month $3,176.43 Principal & Interest $741.17 Property Tax $174.71 Homeowner's InsuranceChange Payment Information
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918 Magnolia Lane | MLS# 2035487
This multi-family property located at 918 Magnolia Lane, Madison, WI 53713 is currently listed for sale with an asking price of $599,000. Magnolia Lane is located within the Madison school district. Search Madison real estate on pwaite.starkhomes.com today.