Bought with Real Broker LLC
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6709 Jacobs Way Madison, WI 53711
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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $143
MLS Listing ID 1953520
Sold Date 05/05/23
Bedrooms 8
Full Baths 8
Year Built 1986
Annual Tax Amount $8,872
Tax Year 2022
Lot Size 0.320 Acres
Acres 0.32
Property Description
Investors dream! Excellent opportunity and upside in this well maintained symmetrical 4-unit building. Currently under-rented with market rents of $1,300+/unit. Tenants pay electric (heat). 4-units all 2 bdrm/2 full bath with 1,100 sq/ft, private balcony/patio and private garages! Extremely well maintained over the years with many recent updates including new roof (2022), all new auto-garage doors, unit 3 full gut rehab, paint, carpet. Coin-op W/D for extra income. Upper level units feature cathedral ceilings. Close to schools, parks, bike trails, shopping and bus line. Professionally managed. Leases and financials on file/available upon request. Unit 1 lease end 08/31/23 and available for owner occupancy. Please do not trespass on property or disturb tenants without a scheduled showing.
Location
State WI
County Dane
Area Madison - C W08
Zoning SR-V1
Direction Beltline to S on Gammon to E on Jacobs Way
Rooms
Basement Full
Interior
Heating Radiant
Heat Source Electric
Exterior
Parking Features 1 stall garage, Detached, Opener inc
Utilities Available Separate elec meters
Building
Water Municipal sewer, Municipal water
Structure Type Aluminum/Steel,Wood
Schools
Elementary Schools Anana
Middle Schools Toki
High Schools Memorial
School District Madison
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This information, provided by seller, listing broker, and other parties, may not have been verified.
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