$1,200,000

3722 W Karstens Drive, Madison, WI 53704

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare opportunity to purchase a Madison investment property that actually makes money!!! This 8 unit property is all 2 bed/1 bath apartments with current rents ranging between $1,410-$1,600. As of the date of listing, there is one vacancy. Current actual rent roll results in over $125K in gross income. By filling the one vacancy, another $18K in revenue can be easily added. Landlord currently includes heat & water in rent. Tenant's pay their own electric. Current owner self manages.

Listing Status:
Active
Listing Office:
The Hub Realty : 6085564400
Listing Agent:
Ryan Schmitz : 6083450150
MLS ID:
803950153584
  • Basement: FullPoured Concrete
  • A/C: Radiant/Electric

This listing courtesy of Ryan Schmitz, The Hub Realty

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

0.25 miles away

B

Black Hawk Middle School

1402 Wyoming Way, Madison, WI, 53704

Grades 6-8

1.20 miles away

S

Shabazz-City High School

1601 N Sherman Ave, Madison, WI, 53704

Grades 9-12

1.73 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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