4706 Jenewein Rd, Madison, WI 53711

$850,000

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Courtesy of Jonathan Poletti with Haven Real Estate Partners. 608-213-8242

List Price
$850,000
Status
ACTIVE
MLS#
2024933
Acres
0.22
Year Built
1967

Property Description

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

Additional Information

Garage Description
Attached, Other, Garage Door Opener
School District
Madison
Elementary School
Crestwood
Middle School
Toki
High School
Memorial

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Calculator source: Real Geeks

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