Property Details

5726 Russett Rd, Madison, WI 53711

List Price: $1,400,000 •  MLS #1940616

LISTING OFFICE:

First Weber Inc
Sue Romens & Rachel Romens

Property Description:

8-Unit investment opportunity! 4 x 3Bd/2Ba and 4 x 2 Bd/1Ba units in well-maintained, brick/vinyl 2-story, updated apts, wood/tile floors. Seller Updates 8/2022: new steel roof, new concrete driveway, resurfaced & striped parking lot. 1 parking space/unit; 2 extra stalls rentable+1 leased coin W/D provides additional income. Separate tenant electric meters, LL shared laundry (building has W/D hookups for 8 units), LL secure/private tenant storage, LL walkout. Within 1 block: bus line, shopping, schools, employment & bike routes. 100% Occupied, long term tenants, turnkey. 1 mo/mo lease for owner to occupy. Current rents below fair market value. RentOMeter average rent for this address is $1492/3Bd. Great opportunity for increased cash flow, ROI, net worth. Seller may execute 1031 exchange.

Square Footage: 0
Bedrooms: 0
Bathrooms: 0
Type: Multi-Family

FEATURES:

additional features:

Rooms:

Rooms Size Level
N/A

Interested in this property? Call or text us today to schedule a showing! (608) 778-9805

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