5826 BALSAM RD Madison, WI 53711
$490,000
Listed By Musa Jallow, Restaino & Associates ERA Powered
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Bedrooms
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Total Baths
—
Full Baths
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Square Feet
0.37
Acres
1959
Year Built
Active Under Contract
Status
MLS#
1938237
A solid 5-unit building w/strong rental history, rents for 4 units are below market level. Apt 5 $975 (potential rent, has new windows installed, kitchen cabs, BA fixtures, appls, & other materials all incl) was previously rented & remodel started-open to finish & increase income by ~25%, cost for remodel is in the listing price. Many updates made to make this an attractive home for tenants w/very low maintenance. New roof, vinyl siding, facia, & gutters 5 yrs ago. New carpet & vinyl flrs - unit 3, new carpet 3 yrs ago. New vanity & sink in all BA, mostly new faucets throughout. New appls (stove/fridge), sinks & backsplash in kitchens (5-6 yrs ago) & some garbage disposals changed. This is a well-running investment, make instant income & option to increase income w/rent increases & 5th apt
Details
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Office Restaino & Associates ERA Powered, 608-310-7777
MLS# 1938237
Updated 8:10PM - 8/16/2022
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