4414 Dwight Drive, Madison, WI 53704
- $1,395,000
Listing courtesy of Haven Real Estate Partners.
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- SCW-1986709
- Acres
- 0.29
- Year Built
- 1969
Property Description
Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF ?23 and NEW PARKING LOT ?20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nation?s #1 multifamily market.
/u.realgeeks.media/kevinclark/The_MDR_House_transparent_blk_and_white_8.2024.png){kind=spacer}
Additional Information
- Style
- Apartment Building, 2 Story
- Exterior
- Brick
- School District
- Madison
- Elementary School
- Sandburg
- Middle School
- Sherman
- High School
- East
Mortgage Calculator
Copyright 2024 WIREX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.