Sun Prairie, WI 53718,1220-1248 Prospect Common
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Sun Prairie, WI 53718,1220-1248 Prospect Common
Sun Prairie, WI 53718,1220-1248 Prospect Common
Sun Prairie, WI 53718,1220-1248 Prospect Common
Sun Prairie, WI 53718,1220-1248 Prospect Common
Listed by Assist 2 Sell Homes 4 You Realty
Bought with Haven Real Estate Partners

$2,450,000

Est. payment /mo

$2,975,000

17.6%
Est.Price: ?

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1220-1248 Prospect Common Sun Prairie, WI 53718

12 Beds

12 Baths

9,320 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $2,450,000

Property Type Multi-Family

Sub Type Apartment building,2 story,Townhouse style units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,320 sqft

Price per Sqft $262

MLS Listing ID 1974742

Sold Date 06/28/24

Bedrooms 12

Full Baths 8

Half Baths 8

Year Built 2007

Annual Tax Amount $28,835

Tax Year 2022

Lot Size 0.570 Acres

Acres 0.57

Property Description

This property provides a rare opportunity for an investor or developer. Each unit is spacious and includes private entry, private garage and finished basement. Buyer can opt to hold this as income property or may be able to potentially sell the units as individual condos. All units are individually metered and have been impeccably maintained w/many updates. See list of improvements. Lease end dates for additional units: 1236-5/24 ($1925), 1240-7/24 ($1925), 1244-6/25 ($2025). 1248 is owner-occupied (rent est. $2200). Units are considered to be identical floor plan and square footage is estimated at 2330 per unit. Other units in the area are renting as high as $2,200. Square footage estimated and should be verified by buyer if essential.

Location

State WI

County Dane

Area Sun Prairie - C

Zoning Res Income

Direction From U.S. 151, exit north on Reiner Rd. Turn left on Prairie Lakes Dr. and continue straight onto Triumph Dr. Turn left onto Prospect Commons.

Rooms

Basement Full, Partially finished, Poured concrete foundatn

Interior

Heating Forced air

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, 2 spaces, Outside, Opener inc

Utilities Available Separate elec meters, Separate gas meters, Separate water meters

Building

Water Municipal water, Municipal sewer

Structure Type Vinyl,Brick,Fiber Cement

Schools

Elementary Schools Horizon

Middle Schools Prairie View

High Schools Sun Prairie West

School District Sun Prairie

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South Central Wisconsin MLS (SCWMLS)

Tim Krueger

Managing Broker | Owner

+1(608) 206-5850

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