$720,000

26 Northridge Terrace, Madison, WI 53704

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD?s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through September 2028. Heat pumps installed ? Sep 2023, All refrigerators replaced ? Jun 2022, New water softener ? May 2022, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced

Listing Status:
Active
Listing Office:
The McGrady Group, LLC : 6087723640
Listing Agent:
Seth Pfaehler : 6083384812
MLS ID:
803968964410
  • General: Water SoftenerHigh Speed Internet
  • Basement: None / Slab
  • A/C: Heat Pump

This listing courtesy of Seth Pfaehler, The McGrady Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mendota Elementary School

4002 School Rd, Madison, WI, 53704

Grades PK-5

0.24 miles away

B

Black Hawk Middle School

1402 Wyoming Way, Madison, WI, 53704

Grades 6-8

1.05 miles away

E

East High School

2222 E Washington Ave, Madison, WI, 53704

Grades 9-12

3.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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