918 Magnolia Lane, Madison, WI 53713

$599,000
  • 918 Magnolia Lane, Madison, WI 53713 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#2035487
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

Listing Courtesy of: GeorgeSon Realty, LLC
Agency Phone: 6083350100
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Property Description

FULLY Occupied! Located on Madison's South Side! This building is all-brick 4-unit offering immediate rental income and low-maintenance upkeep. All four units are already leased through 2027 with long term tenants. The entire building was insulated in 2022 with every unit having its own heating (all furnaces updated in 2022), one designated parking stall per unit (on street parking avaliable), tenants pays for their own electrical, 3 of the 4 units had the water heaters replaced in 2026), water lateral was replaced in 2023, and fully remodel unit 2. Don't miss the opportunity to own this gem.

918 Magnolia Lane | MLS# 2035487

This multi-family property located at 918 Magnolia Lane, Madison, WI 53713 is currently listed for sale with an asking price of $599,000. Magnolia Lane is located within the Madison school district. Search Madison real estate on www.starkhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.21 Acres
Taxes: $8,894
Year Built: 1960

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Square Footage: 858
Unit 2:
Bedrooms: 2
Full Baths: 1
Square Footage: 858
Master Bedroom Dimensions: 10x11
Bedroom 2 Dimensions: 10x10
Living/Great Room Dimensions: 10x10
Kitchen Dimensions: 10x16
Unit 3:
Bedrooms: 2
Unit 4:
Bedrooms: 2

Feature Descriptions

Basement: Full, Poured Concrete
Building: Apartment Building, 2 Story
Data Source: WIREX_SCW
Days on Site: 2
Exterior: Brick
Heating/Cooling: Forced Air
Heating Fuel: Natural Gas
Parking: 1 Space, Outside
Units: 4
Utilities: Separate Electric Meters, Separate Gas Meters
Water/Waste: Municipal Water, Municipal Sewer

Local Schools

High School: West
Middle School: Cherokee
Elementary School: Midvale/Lincoln
School District: Madison

Listed By / Shown By

Listed By

Agency Name: GeorgeSon Realty, LLC
Agency Phone: 6083350100

Shown By

Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011

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Estimate Your Payment

Estimated Payment

$ 4,092.31 per month $3,176.43 Principal & Interest $741.17 Property Tax $174.71 Homeowner's Insurance

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