Lifestyle Property For Sale-2338-2342 Allied Drive, Madison, WI 537...

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Tina Marshall

United Country Midwest Lifestyle Properties

tinam@midwestlifestyleproperties.com +1(608) 604-6675

Listed by ALTUS Commercial Real Estate, Inc.

$1,300,000

8 Beds

4 Baths

2,880 SqFt

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UPDATED:

02/04/2025 10:10 PM

Key Details

Property Type Multi-Family

Sub Type Apartment building

Listing Status Active

Purchase Type For Rent

Square Footage 2,880 sqft

MLS Listing ID 1992764

Bedrooms 8

Full Baths 4

Year Built 1964

Annual Tax Amount $14,956

Tax Year 2024

Property Description

Eight 720 sf two bedroom condo units in a brick 8-unit. Each unit has two assigned parking stalls in an expanded parking lot along with 1 storage unit. Condo fees are $330/month/unit. The condo fees include Maintenance up keep of building and common areas, Electricity for common areas, Water for each unit, Management fees, Heat, Snow removal and Landscaping. Units are currently under rented on MTM leases. Current yearly income gross income is $100,200 with 1 vacant unit. Coin op laundry in the basement. Income from that is not included in the gross income.

Location

State WI

County Dane

Area Madison - C W10

Zoning SR-V1

Direction Go west on Carling Dr and turn south on Allied Dr.

Rooms

Basement Full

Interior

Heating Radiant

Heat Source Natural Gas

Exterior

Parking Features Outside

Building

Water Municipal water, Municipal sewer

Structure Type Brick

Schools

Elementary Schools Call School District

Middle Schools Call School District

High Schools Call School District

School District Madison

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Tina Marshall

+1(608) 604-6675

Rural Lifestyle Expert | License ID: 43605-90

Rural Lifestyle Expert License ID: 43605-90

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2338-2342 Allied Drive Madison, WI 53711

Tina Marshall

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