Wisconsin
Madison
4650 Hayes Road

$700,000

4650 Hayes Road, Madison, WI 53704

Multi-Family Home
Built in 1986
0.28acre lot
1 car garage
$——/sqft
Listed 26 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 October 2025. Roof replaced ? 2011, 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:: 803963525458

General: Water SoftenerHigh Speed Internet
Basement: None / Slab
A/C: Radiant/Electric

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

Carl Sandburg Elementary School

4114 Donald Dr, Madison, WI, 53704

Grades PK-5

0.61 miles away

Sherman Middle School

1610 Ruskin St, Madison, WI, 53704

Grades 6-8

3.38 miles away

East High School

2222 E Washington Ave, Madison, WI, 53704

Grades 9-12

4.02 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.