Bought with RE/MAX Preferred
$590,000
$565,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
5818 Balsam Road Madison, WI 53711
8 Beds
4 Baths
3,200 SqFt
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Apartment building,2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $184
Subdivision Meadowwood
MLS Listing ID 1996628
Sold Date 05/07/25
Bedrooms 8
Full Baths 4
Year Built 1959
Annual Tax Amount $8,148
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Apartment building,2 story
Property Description
Great investment opportunity!! 4-unit all 2bed/1/bath, 800 sq ft. All floorplans are the same. Well cared for by long term tenants. There is one vacant unit which has a new tenant coming May 1. Perfect location. Close to the bus line and all that the West side of Madison offers. New hallway paint in 2025, all flooring updated in 2023. Unit 3 has new furnace & water heater 2025. Clean, dry basement with storage.
Location
State WI
County Dane
Area Madison - C W09
Zoning SR-V1
Direction South on Whitney way, Right on Thrush Lane, Right on Balsam
Rooms
Basement Full, Poured concrete foundatn
Interior
Heating Forced air
Heat Source Natural Gas
Exterior
Parking Features Outside
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl,Aluminum/Steel,Brick
Schools
Elementary Schools Orchard Ridge
Middle Schools Toki
High Schools Memorial
School District Madison
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