Active

4414 Dwight Drive

Madison WI, 53704

$1,395,000


Active

2 Beds

2 Baths

Multi-family

Built in 1969

Listed by Haven Real Estate Partners

Fantastic, fully-leased 12-unit building grossing $11,845/mo in rent (plus laundry income) =$143k/yr. Tax appeal complete, reducing taxes $1,100 for future bills. No deferred maintenance with NEW ROOF '23 and NEW PARKING LOT '20. Moments from Sun Prairie and East Town Mall and on key bus routes, these professionally managed 1BR/1BA units have strong history and steady cashflow. At GRM of 10.5x, this building has a FMV of $1.49-$1.55m. Lock in consistent returns and upside for your portfolio. Nearby AmFam campus and brand-new UW Medical Center provide large tenant pool and ongoing appeal for the area. Great opportunity to own in the nation's #1 multifamily market.

1986709

MLS ID

September 26, 2024

Listed

October 19, 2024

Updated

Map

4414 Dwight Drive
Madison WI, 53704

Interior Features

Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Appliances

Refrigerator, Water Softener


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.29 Acres


Sewer

Public Sewer

School Information

School District

Madison


High School

East


Elementary School

Sandburg

Other Property Details

Area Name

MADISON - C E07


Days on Market

22


Garage

No


Parking Total

12


View

No


County

Dane


Water Source

Public


Pool

No

Listed by Jonathan Poletti with Haven Real Estate Partners 608-213-8242 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 10/19/2024. 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 12:12 AM UTC, 10/19/2024

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