1902 Cameron Dr, Madison, WI

1902 Cameron Dr, Madison, WI
  • $575,000

Description

Please do not trespass on property or disturb tenants without a scheduled showing. Excellent cash-flowing investment opportunity and upside in this brick 4-townhome building. Two units are 3/1.5 and two units are 2/1.5 all townhome style with private basements. Currently under-rented due to long-term tenants in place. Market rents are $1,450 & $1,300/unit resulting in a potential 8.0%-9.0% cap rate and a 10.0%+ cash on cash return. Well located on the West side of Madison with easy access to schools, grocery, and shopping. All units are well kept and maintained. Leases available upon request. Units 1 & 4 do not have their own W/D. Unit 2 W/D belongs to tenant. Unit 3 W/D is provided by seller and will stay with the building. Roof 2016. Water heaters 2017. Furnaces approx 2012.
MLS #:19505801950580 Listed By: Cheng Real Estate Group of Real Broker LLC

  • Address 1902 Cameron Dr
  • City Madison
  • Area Madison - C W08

Details

Updated on February 28, 2023 at 12:00 am
  • Property ID: 4732459
  • Price: $575,000
  • Land Area: 52920 sqft
  • Year Built: 1964
  • Property Type: Multi Family

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange display programs of the South Central WI MLS. Real Estate listings from SCWMLS held by brokerage firms other than The Kruse Company include the name of the listing broker. This information, provided by seller, listing broker, and other parties, may not have been verified. The material at this site is provide solely for informational purposes. The Kruse Company is not making any warranties or representations concerning any of these properties including their availability. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Information at this site is deemed reliable but not guaranteed.

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