Rare investment opportunity to own a 5-unit on the isthmus; property offered under assessment, seller looking to downsize. Unit 5 is mo-to-mo w/lease ending7/27/2024; $1, +$85 parking; private rear deck, 2 separate living rooms. 1 driveway parking space, street parking for others. All units are below market rents, seller was slowly moving up rents. Very easy to rent, often there is a wait list. Showings require a min of 12 hours advance notice due to all units being rented. All main/unit doors have code locks for entry, $1k upgrade. Leases/income available to verified buyers only. New roof in 2015, new boiler 2023, approx. 40% of wood siding replaced in 2010, additional cedar siding remaining in basement. Property sold with Trustee's Deed; As Is-As Found.
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The average household income in
Madison, WI
grew
from
$56,464
to
$59,387
in the past year. This data is an estimate based upon
107,890
households in
Madison, WI. The chart below presents how household income is distributed in
Madison, WI
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Madison, WI
compared to median property taxes around the country. The prevalent amount of property taxes in
Madison, WI
equals
$3k+
, which is
more
than the national average.