1027 DRAKE ST Madison, WI 53715

$475,500

Bedrooms

Total Baths

Full Baths

Square Feet

0.14

Acres

1897

Year Built

Active

Status

MLS#

1924539

Listed By Trish Schaefer
American, REALTORS

Excellent Investment property to add to your portfolio. This well-built home is just a couple of blocks from the lake and offers an ideal location, close to bus route, downtown and everything Madison has to offer. Sweet view of Lake Monona from the front yard! 1st floor unit offers 2 bedroom, 1 bath. 2nd floor has 1 bedroom, 1 bath. Backyard offers convenient alley access. Can park 4-6 cars in back. All of the major components have been updated on the exterior in about 2010, from the roof to the siding, windows, insulation and new rubber membrane roofing. Lovely, newer front porch, first floor screened deck and 2nd level deck. Once in a lifetime investment opportunity! Additional $350/month potential rental income from 5 parking spaces and $65/month from basement rental.

Details


Building And Construction
Improvements
27000
Number Of Units Total
2
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1897

Exterior And Lot
Lot Size Acres
0.137
Lot Size Square Feet
5968
Zoning
TR-C3

Utilities
Heating
Forced Air
Heating Fuel
Natural Gas

Area And Schools
City
Madison
County Or Parish
Dane
Elementary School
Franklin/Randall
High School
West
High School District
Madison
Middle Or Junior School
Hamilton

Financial Info
Buyer Agency Compensation
3%
Tax Annual Amount
$7,982.00
Tax Year
2020

Additional Info
# Refrigerators
2
# Water Heaters
1
Miscellaneous
Close To Bus Line,internet - Cable
Water/Waste
Municipal Water,municipal Sewer

Listing Office American, REALTORS, 608-834-2600

MLS# 1924539

Updated 2:21PM - 1/19/2022

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 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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