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554 West Doty St. $520,200

New
Beds
7
Baths
3.50
Year Built
1905
Latest Property Assessment
481500
Latest Taxes Paid
10913.62
School District
Madison

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This two unit student rental downtown Madison is a great investment for anyone who is looking to grow their portfolio or get into the student rental business.  Top unit on two floors includes 5 bedrooms and 2.5 baths, estimated 2,100 square feet.  This unit rents for $2,725 per month with all utilities being the responsibility of the tenants.  The lower unit is a 3 bedroom, 1 bath, estimated at 1,200 square feet.  Rent on this unit is $1,450 per month plus all utilities being the responsibility of the tenant.  We also have two off street parking spaces that are rented out at $80 per month each.  

Significant improvements to this building make it a turn-key investment.  New roof in 2016, new gutter system in 2017, new water heater in 2017, upper unit kitchen remodeled in 2017, lower unit kitchen appliances new in 2016.  Painted in 2016.  New sewer lateral installed in 2016.  We have owned this property for over 10 years and have had steady income growth each year with no vacancies.  With in being blocks from the Kohl Center, close to Campus and in a neighborhood that is being invested in, this property has room for growth and significant upside potential!

 


General Amenities
Interior Amenities
Exterior Amenities
554 West Doty St.
Madison, Wisconsin 53703

Neighborhood: Central Madison
Sale Type: For Sale
MLS Reference #: 1819192
Category: Duplex
126 Hits

Seller Information


P: 608-215-5882
Contact Seller
Beds
7
Baths
3.50
Total Units
2
Year Built
1905
Zoning
DR2
School District
Madison
Latest Taxes Paid
10913.62
Approx. Miles and Direction from the Capitol Square
1 mile
Neighborhood
Basset
554 West Doty St.
Madison, Wisconsin 53703

Neighborhood: Central Madison
Sale Type: For Sale
MLS Reference #: 1819192
Category: Duplex
126 Hits

Seller Information


P: 608-215-5882
Contact Seller

Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.

 
554 West Doty St.
Madison, Wisconsin 53703

Neighborhood: Central Madison
Sale Type: For Sale
MLS Reference #: 1819192
Category: Duplex
126 Hits

Seller Information


P: 608-215-5882
Contact Seller

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554 West Doty St.
Madison, Wisconsin 53703

Neighborhood: Central Madison
Sale Type: For Sale
MLS Reference #: 1819192
Category: Duplex
126 Hits

Seller Information


P: 608-215-5882
Contact Seller

Inquiries for purposes other than purchasing this property are strictly forbidden.
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