Listed by The McGrady Group, LLC
$829,000
5318-5320 Manitowoc Parkway
Details
APN 0709-194-1128-4
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $34,000
Year Built 1977
Acreage 0.280
Zoning SR-C3
Parking Spaces 3 spaces
Multifamily | 2 Units
Marketing description
Near west side well maintained duplex in A+ location in the charming and very quiet Hillfarm neighborhood and historic district! PERFECT FOR OWNER OCCUPANT OR INVESTOR! Huge 0.27-acre lot with private backyard which is next to and backing to single family houses. Spacious and open floor plan. Each unit has been updated (~1700 & 1730 sq ft) and features the same floor plan with 3 bedrooms (master bedroom has walk in closet), 1 ½ baths, den/office/play room, attached 1 stall garage w/ opener, laundry room, deck, central air and heat, and separate utility meters. Renters responsible for utilities, maintaining yard and shoveling snow. Very strong rental history. Duplex is only 5 minutes to Hillfarm/Hilldale, UW hospital/campus, west town, beltline, and easy drive to downtown. Located in the best combination of schools in Madison - Van Hise elementary, Williams middle and West High. Gardner Park is only 2 blocks. Bus lines 1 block away at intersection of Mineral Point Road and Whitney.
Listing Contacts
Listed by The McGrady Group, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,000.00
$2,833.33/mo
Valuation Metrics
0
DSCR
4.1%
Cap Rate
4.1%
ROI
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