Property Description for 505 Cottage Grove Road, Madison, WI 53716
This is a great opportunity to start an income property portfolio with these 4 residential two bedrooms and 2 commercial units. Located on the East side of Madison near Monona with easy access to main roads. Recently renovated, each residential unit has two bedrooms, one bathroom, and a combined dining and living room. Sellers installed new laminate floors, kitchen, and bathroom cabinets in all the units in 2021. The roof was replaced in 2021. Plenty of parking. The property generates great income and is easy to rent. The financials spreadsheet is available upon request.
- Present Use: Apartment building, Beauty/barber shop, Office, Retail
- Total Operating Expense: $21,453
- Gross Sales: $0
- Location: Business district, Free standing, Near Major Highway, Near public transportatn, Residential area
- Taxes: $14,791
- County: Dane
- Zoning: CC-T
- Net Leasable SqFt: 5,733
- MLS Number: 1945837
