Active

2338-2342 Allied Drive

Madison WI, 53711

$1,185,000


Active

8 Beds

4 Baths

Multi-family

Built in 1964

Listed by ALTUS Commercial Real Estate, Inc.

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 for each unit, Management fees, Heat, Snow removal and Landscaping. Units are currently under rented on MTM leases. Current yearly income gross income is $100,200 with 1 vacant unit. Coin op laundry in the basement. Income from that is not included in the gross income.

1992764

MLS ID

February 3, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

No


Heating

No


Basement

Yes

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

Madison


High School

Call School District


Elementary School

Call School District

Other Property Details

Area Name

MADISON - C W10


Taxes

$14,956


Tax Frequency

Annually


Days on Market

14


Garage

No


Parking Total

16


View

No


County

Dane


Water Source

Public

Listing History

Date

Event

Price

2/18/2025

Price change

$1,185,000

-9%

Listed by Carson Brewer with ALTUS Commercial Real Estate, Inc. 6084452384 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 2/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 11:59 PM UTC, 2/20/2025

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