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    2330-2350 Allied Dr

    Madison, WI 53711
    • $1,870,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 1913623
    UPDATED: 26 min ago
    $1,870,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing courtesy of Meyer Realty & Management Inc

    Description

    Investors: Package of 17, two-bedroom, rental condo units, within a 70-unit Condo Association. The 17 units are in three contiguous buildings: 2330-2334 Allied Dr (8 units), 2338-2342 Allied Dr (6 units) and 2346-2350 Allied Dr (3 units), Madison, WI. All have the same floor plan with 775 sqft and 1 bath. Condo Association has leased laundry in basements. The blacktop parking lots were expanded and resurfaced allowing 2 assigned stalls per unit. Association allows rentals, with lease term longer than 6 months. Association dues are $145/mo plus $50/mo more for gas heating. Rental income is $14,785/mo and 14 units are leased to summer of 2022.

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    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Nicole Charles & Associates, Inc. | eXp Realty. Data last updated: 2021-07-29T07:41:23.037.
    www.nicolecharles.com/homes/119457916
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    2330-2350 Allied Dr Madison, WI 53711

    • Price: $1,870,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 1913623
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    Madison - C W10
    County:
    Dane
    Area:
    Madison - C W10
    Elementary School:
    Call School District
    Middle School:
    Call School District
    High School:
    Memorial
    School District:
    Madison
    Property Description
    Investors: Package of 17, two-bedroom, rental condo units, within a 70-unit Condo Association. The 17 units are in three contiguous buildings: 2330-2334 Allied Dr (8 units), 2338-2342 Allied Dr (6 units) and 2346-2350 Allied Dr (3 units), Madison, WI. All have the same floor plan with 775 sqft and 1 bath. Condo Association has leased laundry in basements. The blacktop parking lots were expanded and resurfaced allowing 2 assigned stalls per unit. Association allows rentals, with lease term longer than 6 months. Association dues are $145/mo plus $50/mo more for gas heating. Rental income is $14,785/mo and 14 units are leased to summer of 2022.
    Exterior Features

    Exterior Brick Type Apartment Building2 Story Unit1 Parking 2 Space Unit2 Parking 2 Space Unit3 Parking 2 Space Unit4 Parking 2 Space

    Interior Features

    Basement FullPoured Concrete Foundatn Clothes Dryers 0 Clothes Washers 0 Dish Washers 0 Heating Type Forced Air Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 0 Number Of Two Bedrooms 17 Refrigerators 17 Stoves 17 Unit1 Eat-In KitchenAir ConditioningRange/OvenRefrigeratorIndividual Heat ControlSeparate Storage Unit Inc Unit1 Bedroom2 Dim 10X12 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 11X14 Unit1 Living Great Room Dim 16X14 Unit1 Master Bedroom Dim 10X12 Unit1 Sq Ft 775 Unit2 Eat-In KitchenAir ConditioningRange/OvenRefrigeratorSeparate Storage Unit IncIndividual Heat Control Unit2 Bedroom2 Dim 10X12 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 11X14 Unit2 Living Great Room Dim 16X14 Unit2 Master Bedroom Dim 10X12 Unit2 Sq Ft 775 Unit3 Eat-In KitchenAir ConditioningRange/OvenRefrigeratorSeparate Storage Unit IncIndividual Heat Control Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 775 Unit4 Eat-In KitchenAir ConditioningRange/OvenRefrigeratorSeparate Storage Unit IncIndividual Heat Control Unit4 Bedrooms 2 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 775 Units With AC 17

    Property Features

    Association South Central Wi City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 13 Legal Documents Condition Report On FileLease(S) On FileRestrictions/Covenants Mailing City Madison Miscellaneous Shared LaundryClose To Bus LineWater Softener Owned Net Taxes 17337 Open House No Park Unit 2 Spaces Source Acreage Assessor Tax Year 2020 Total Income 177420 Unit1 Rent 885 Unit2 Rent 815 Unit3 Rent 915 Unit4 Rent 815 Utilities Separate Elec Meters Water Heaters 17 Water Softeners 3 Water Waste Municipal SewerMunicipal Water Year Built Source Assessor Zoning Sr-V1

    Listing information © 2021 South Central Wisconsin MLS.
    Listing provided courtesy of Meyer Realty & Management Inc.



    © 2021 South Central Wisconsin MLS Corporation. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Nicole Charles & Associates, Inc. | eXp Realty. Data last updated: 2021-07-29T07:41:23.037.
     
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    Nicole Charles & Associates, Inc. | eXp Realty
    2809 Fish Hatchery Road Suite 204-A
    Fitchburg WI, 53713
    Listing courtesy of Meyer Realty & Management Inc