BEDS0
BATHS
MLS#2017568
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMeadowood
SCHOOLMadison
Listing Courtesy of:
Keller Williams Realty
Agency Contact: Pref: 608-698-8503
Property Description
Showings to take place ONLY during open houses: Fri 3/6 & Sat 3/7 Noon-2PM. Incredible investment opportunity to own a duplex with garage parking on Madison's West side. Desirable townhouse floor plans with spacious living areas. Both units have been updated in recent years with updated kitchen cabinets/appliances, new vinyl plank flooring on main level, and new light fixtures. Each unit has it's own 1-car garage plus additional off-street parking - 6401 is attached, 6403 is detached. Separate gas, electrical, and water meters for each unit allow for tenants to pay their own heat, electricity, and water. New electrical panels installed in both units in 2022. 6401 has a new furnace in 2026. Partially finished basement on 6403 side allows for more usable space. Potential to do same in 6401 side for added value. Large spacious lot with no side neighbor is desirable for tenants. Nearly $50K of annual income with a 10.5 GRM makes for a great investment.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Fuel Type: Natural Gas
Home Style: Duplex-side by side, 2 story, Townhouse style unit
Stories: 2.0
Taxes: $8,375
Year Built: 1976
Units
Unit 1:
Bedrooms: 3
Full Baths: 1
Half Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1206
Unit 2:
Bedrooms: 3
Full Baths: 1
Half Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1206
Amenities
Vinyl
Feature Descriptions
Basement: Full, Partially finished, Poured concrete foundatn
Days on Site: 2
Exterior: Vinyl
Units: 2
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: Memorial
Middle School: Toki
Elementary School: Huegel
School District: Madison
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Contact: Pref: 608-698-8503
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
Estimate Your Payment
Estimated Payment
$ 3,635.06 per month $2,784.02 Principal & Interest $697.92 Property Tax $153.13 Homeowner's InsuranceChange Payment Information
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6401-6403 Raymond Road | MLS# 2017568
This multi-family property located at 6401-6403 Raymond Road, Madison, WI 53711 is currently listed for sale with an asking price of $525,000. 6401-6403 Raymond Road is located within the Madison school district. Search Madison real estate on www.starkhomes.com today.