Bought with Real Broker LLC
$755,000
$790,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
1018 Gammon Lane Madison, WI 53717
8 Beds
4 Baths
2,672 SqFt
Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Apartment building,3 story
Listing Status Sold
Purchase Type For Sale
Square Footage 2,672 sqft
Price per Sqft $282
MLS Listing ID 1945838
Sold Date 01/10/23
Bedrooms 8
Full Baths 4
Year Built 1987
Annual Tax Amount $10,556
Tax Year 2021
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Apartment building,3 story
Property Description
This profit-producing five-unit building is a great opportunity. Four of the units are 2 bedroom apartments and one unit is been used as commercial office space for lease. Located in the popular Southwest of Madison. Residential units offer two bedrooms, one bathroom, a balcony, a combined dining and living room plus plenty of parking. The lower level space hosts a long-term tenant. The property generates great income and is easy to rent. The financials spreadsheet is available upon request.
Location
State WI
County Dane
Area Madison - C W08
Zoning SR-V1
Direction going south on S Gammon Rd, turn left on Gammon Lane
Rooms
Basement None
Interior
Heating Radiant
Heat Source Electric
Exterior
Parking Features 1 stall garage, Outside
Utilities Available Separate elec meters, Separate gas meters, Separate water meters
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl,Aluminum/Steel
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Middleton-Cross Plains
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