Bought with Haven Real Estate Partners
$2,450,000
$2,975,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
1220-1248 Prospect Common Sun Prairie, WI 53718
12 Beds
12 Baths
9,320 SqFt
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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This information, provided by seller, listing broker, and other parties, may not have been verified.
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