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918 Magnolia Lane Madison, WI 53713 • Multi Unit - Multiple • Active

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Description

FULLY Occupied! Located on Madison's South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: West
Listed By:
GeorgeSon Realty, LLC 608-335-0100
SCWMLS

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 858
Unit 4:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
$599,000
Est. $4,157/mo

Listing Courtesy of: GeorgeSon Realty, LLC
Agency Phone: 608-335-0100
IDX logo


New to the Market Active
BEDS0 BATHS MLS#2035487
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

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918 Magnolia Lane, Madison, WI 53713.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,000$599,000$599,000
Down Payment $119,800$20,965$149,750
Monthly Mortgage Amount $3,148$3,864$3,852
Taxes $834$834$834
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $4,157$5,137$4,861

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