5826 BALSAM RD, Madison, WI 53711, photo 1 of 5
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5826 BALSAM RD, Madison, WI 53711, photo 2 of 5
5826 BALSAM RD, Madison, WI 53711, photo 3 of 5
5826 BALSAM RD, Madison, WI 53711, photo 4 of 5
5826 BALSAM RD, Madison, WI 53711, photo 5 of 5
Under Contract

5826 BALSAM RD Madison, WI 53711

$490,000

Listed By Musa Jallow, Restaino & Associates ERA Powered

Bedrooms

Total Baths

Full Baths

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

Year Built
1959
Parking
No Info
Price / Sq Ft
No Info
HOA
No Info
Cooling
No Info
Heating
Yes
On Website
49 Days
Acres
0.37

Listing Office Restaino & Associates ERA Powered, 608-310-7777

MLS# 1938237

Updated 8:10PM - 8/16/2022

The data relating to real estate for sale on this website comes in part from the Internet Data Display program of the South Central Wisconsin MLS. Real estate listings held by brokerage firms other than RE/MAX Grand are marked with the 'MLS' icon and/or include the name of the listing broker. This information, provided by seller, listing broker, and other parties, may not have been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2022 South Central Wisconsin MLS. All Rights Reserved.

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