WI > Madison
Madison, WI 53704,4414 Dwight Drive
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Madison, WI 53704,4414 Dwight Drive
Madison, WI 53704,4414 Dwight Drive
Madison, WI 53704,4414 Dwight Drive
Madison, WI 53704,4414 Dwight Drive
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Tim Krueger

Tim Krueger

+1(608) 206-5850
Listed by Haven Real Estate Partners • 608-213-8242
$ 1,395,000
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Pending

4414 Dwight Drive Madison, WI 53704

2 Beds

2 Baths

1,200 SqFt

UPDATED:

10/25/2024 11:23 AM

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Pending

Purchase Type For Rent

Square Footage 1,200 sqft

MLS Listing ID 1986709

Bedrooms 2

Full Baths 2

Year Built 1969

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Description

Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF ‘23 and NEW PARKING LOT ‘20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nation’s #1 multifamily market.

Location

State WI

County Dane

Area Madison - C E07

Zoning Commercial

Direction E Washington East to Independence, Turn North, Property is on Left

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Radiant

Inclusions 12 refrigerators, 12 oven/range, 12 wall AC units, when water softener, all security camera and recording equipment

Heat Source Natural Gas

Exterior

Parking Features 1 space, Outside

Building

Water Municipal water, Municipal sewer

Structure Type Brick

Schools

Elementary Schools Sandburg

Middle Schools Sherman

High Schools East

School District Madison

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2024 South Central Wisconsin MLS Corporation. All rights reserved

Tim Krueger

Managing Broker | Owner

+1(608) 206-5850

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4414 Dwight Drive