$679,900

Active

5 bedrooms
2 full bathrooms
Listed by Madison Property Management, Inc.

Description

2 unit investment property available in the beautiful Vilas neighborhood. Property is fully leased through 8/14/2021, has multiple parking stalls (4 garage & 2 surface). 1816 Has basement access with laundry. Close proximity to UW & Edgewood Campus, hospitals, restaurants and shopping, multiple parks and the commuter bike trail. Invest for the income, owner occupy and collect rent on the second unit or convert back to a single family. To convert back to a single family you would need to consult with a general contractor on needed repairs. Work needed would be to remove walls, open up and replace old stairwell, replace flooring, likely modify the support of the structure, etc.A rare opportunity that won't last long!

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Property Details

Features Single Family

Garage: 4+ car Year Built: 1896
Finished SqFt: 2,237 Finished Above Grade SqFt: 2,237
Style: Victorian Elementary School: Franklin/Randall
Middle School: Hamilton High School: West
School District: Madison Metropolitan Taxes: $9,667
Body of Water:
Room Type Room Size
Living/Great Rm  12 x 13
Kitchen  12 x 12
Dining Area  12 x 12
Primary Bedroom  9 x 12
2nd Bedroom  10 x 11
3rd Bedroom  8 x 13
4th Bedroom  12 x 13
5th Bedroom  8 x 12

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Listing History

Date Event Change
Jan 11 2021 1:44PM Price Change $679,900
Jan 7 2021 3:14PM Price Change $679,900

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