1213 S Midvale Blvd - Apartments FOR SALE


Madison, WI 53711- West Madison
$700,000 USD
608-467-0116
1213 S Midvale Blvd, Madison, WI for Sale
$700,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1213 S Midvale Blvd
Madison, WI 53711
West Madison


HIGHLIGHTS

  • Located on the bus line
  • Same owner for over 30 years
  • Nice backyard space.
  • Easily accessible with 74 SF of frontage on Midvale

OVERVIEW

Current Gross Annual Income: $42,600 and proforma Gross Annual Income: $70,000 Tenants pay separately metered gas and electric, landlord pays sewer/water. Each unit has its own furnace and hardwood floors under carpet. Excellent Near West location, close to Hilldale and Nakoma Neighboord & Beltline. This is a Legacy property held by the current owner for over 30 years.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

4

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,774 SF

ZONING

SR-V1, WP-10

APN/PARCEL ID

0709-321-1104-3

ASK ABOUT THIS PROPERTY

TJ BlitzCresaMore Info
608-467-0116

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TJ BlitzCresaMore Info
608-467-0116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.