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Listed with The McGrady Group, LLC
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This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD's Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through September 2028. Heat pumps installed - Sep 2023, All refrigerators replaced - Jun 2022, New water softener - May 2022, Energy efficiency improvements - October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced
Property Type(s):
Multi Family
| Last Updated | 6/26/2025 | Year Built | 1989 |
|---|---|---|---|
| Garage Spaces | 1.0 | County | Dane |
SCHOOLS
| School District | Madison |
|---|---|
| Elementary School | Mendota |
| Jr. High School | Black Hawk |
| High School | East |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Water Softener |
|---|---|
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| LOT | 0.39 acre(s) |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| TAXES | 8868 |
| UTILITIES | Cable Available |
| WATER | Public |
Listed with The McGrady Group, LLC
Information is supplied by seller and other third parties and has not been verified.
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved.
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