1915 University Avenue Active Save Request In-Person Tour Request Virtual Tour
Madison,WI 53726
Key Details
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $222
Subdivision University Heights
MLS Listing ID 1983360
Bedrooms 7
Full Baths 2
Year Built 1899
Annual Tax Amount $12,242
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Prime investment opportunity in the heart of University Heights. Incredibly appealing location for tenants - walking distance to Camp Randall, Babcock Hall, Engineering and Vet School. The first-floor unit features 2 bedrooms, renting for $1,800/month, plus $100/month for 2 parking spots. The upper unit has 5 bedrooms, 4 of which are rented at $800/month (the 5th lease signed soon), plus $50/month for 1 parking spot. Both units have laundry, covered porches, and parking. GRM is 10.6! Gross Income is $ 71,400/year. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!
Location
State WI
County Dane
Area Madison - C W14
Zoning TR-UH
Interior
Heating Forced air
Inclusions (2) range/ovens, (2) refrigerators. (2) dishwashers, (2) washers, (2) dryers
Exterior
Garage Outside
Building
Water Municipal water,Municipal sewer
Structure Type Vinyl,Aluminum/Steel
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison