2338-2342 Allied Drive

Madison, WI 53711
Square Ft.
2,880
$1,185,000
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 $430/month/unit. The condo fees include Maintenance up keep of building and common areas, Electricity for common areas, Water forRead MoreRead Less
Presented by: ALTUS Commercial Real Estate, Inc. 608-338-1101
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multi Family
Square Ft.
2,880
MLS Number
1992764
30 Days Snapshot Of 53711
$568k
+28%
(avg) sold price
29
-14%
homes sold
34
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
8 refrigerators
Basement
Full
Building
8 units, 8 two-bedroom units, Unit 1 is 720 square feet, Unit 2 is 720 square feet, Unit 3 is 720 square feet, Unit 4 is 720 square feet, Unit 1: 1, Unit 2: 2, Unit 3: 3, Unit 4: 4, 8 units with A/C, Estimated age: 1964
Exterior Features
Brick
Water Features
Unit 1 - landlord pays water?: Yes, Unit 2 - landlord pays water?: Yes, Unit 3 - landlord pays water?: Yes, Unit 4 - landlord pays water?: Yes, 8 water heaters, 1 water softener, Municipal water, Municipal sewer
Heating
Unit 1 - landlord pays heat?: Yes, Unit 2 - landlord pays heat?: Yes, Unit 3 - landlord pays heat?: Yes, Unit 4 - landlord pays heat?: Yes, Heating fuel: Natural Gas
Miscellaneous
Total income: $100,200, Unit 1 rent: $1,250 per month, Unit 2 rent: $1,150 per month, Unit 3 rent: $1,150 per month, Unit 4 rent: $0 per month
Parking
Unit 1 parking: 2 Space, Unit 2 parking: 2 Space, Unit 3 parking: 2 Space, Unit 4 parking: 2 Space
Property
Zoning: SR-V1
Taxes
Tax year: 2024, Net taxes: $14,956
Utilities
Unit 1 - landlord pays electric?: No, Unit 2 - landlord pays electric?: No, Unit 3 - landlord pays electric?: No, Unit 4 - landlord pays electric?: No
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Brad Brethouwer
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