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$525,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Sunrise Meadows
MLS Listing ID 2012546
Year Built 1980
Annual Tax Amount $9,424
Tax Year 2024
Lot Size 0.361 Acres
Acres 0.361
Property Description
Showings begin 11/22. Great opportunity to own a well-maintained duplex in East Madison?s Sunrise Meadows neighborhood, close to parks and Elvehjem Elementary. One unit is vacant and the other is rented month-to-month, allowing immediate rental income or owner-occupancy. Current rent is well below market, creating strong upside potential. Estimated market rent is $2,545 per side, $5,090 total/month. Each unit offers 1,278 sq ft, an open layout, fireplace, attached 1-car garage, and finished lower level. Spacious yards and private entrances enhance livability. Perfect for house hacking or adding to your investment portfolio. Separate utilities already in place. Ideal for long-term income or short-term value add. A rare find with cash flow potential from day one in a desirable location with
Location
State WI
County Dane
Zoning SR-C3
Rooms
Basement Exposed, Full Size Windows, Partially Finished
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions See Addendum R
Exterior
Exterior Feature Aluminum/Steel, Brick
Parking Features 1 Car, Attached
Garage Spaces 1.0
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Dwelling Type Duplex - Side By Side,Duplex
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Elvehjem
Middle Schools Sennett
High Schools Lafollette
School District Madison
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