1915 University Avenue

Madison,WI 53726

$ 725000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Accepted Offer

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 1983360

Year Built 1899

Annual Tax Amount $12,242

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

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 (5th bedroom available to be leased), plus $50/month for 1 parking spot. Total income potential of $71,400 per year. Both units have laundry, covered porches, and parking. Leases and income info available to verified buyers. Recent updates include bathrooms, flooring and more!

Location

State WI

County Dane

Zoning TR-UH

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions (2) range/ovens, (2) refrigerators. (2) dishwashers, (2) washers, (2) dryers

Exterior

Exterior Feature Vinyl,Aluminum/Steel

Building

Dwelling Type 2 Story,2 Flat Up and Down

Sewer Municipal Water,Municipal Sewer

New Construction N

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

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