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$689,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2011440
Year Built 1959
Annual Tax Amount $9,299
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Description
Fantastic investment opportunity on Madison?s west side! This well-maintained 5-unit property at 5826 Balsam Rd offers a strong rental history and excellent cash flow potential. Each spacious unit features functional layouts, kitchens and baths, and off-street parking. Tenants enjoy convenient access to parks, shopping, dining, and bus routes?making it an easy property to keep fully leased. On-site laundry and separate utilities enhance tenant appeal and owner convenience. Whether you?re expanding your portfolio or seeking a solid first investment, this turnkey multi-family property is a smart buy in a prime location! All new 5th unit is a bonus!
Location
State WI
County Dane
Zoning SR-V1
Rooms
Basement Full, Block
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions (5) of each: ovens/ranges, fridges, wall mounted a/c units. One coin-op washing machine and one coin-op dryer.
Exterior
Exterior Feature Brick, Stone
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Dwelling Type Apartment Building,2 Story
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison
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Listed by Sprinkman Real Estate
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