225 Nautilus Drive Active Save Request In-Person Tour Request Virtual Tour
Madison,WI 53705
$ 1600000
8 Beds
4 Baths
3248 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment building
Listing Status Active
Purchase Type For Rent
Square Footage 3,248 sqft
MLS Listing ID 1984907
Bedrooms 8
Full Baths 4
Year Built 1965
Annual Tax Amount $21,554
Tax Year 2023
Lot Size 0.620 Acres
Acres 0.62
Property Description
Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1225, Unit #4 $1175. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.
Location
State WI
County Dane
Area Madison - C W06
Zoning Commercial
Direction From HWY 14, exit onto Mineral Point Rd heading East. Turn left on Nautilus Drive and the property will be on your right.
Rooms
Basement Poured concrete foundatn
Interior
Heating Radiant
Inclusions Refrigerator (8), range/oven (8), washer (2), dryer (2).
Heat Source Natural Gas
Exterior
Parking Features Detached
Utilities Available Separate elec meters
Building
Water Municipal water,Municipal sewer
Structure Type Brick
Schools
Elementary Schools Muir
Middle Schools Jefferson
High Schools Memorial
School District Madison