2501 & 2505 Calypso Rd, Madison, WI

2501 & 2505 Calypso Rd, Madison, WI
  • $1,800,000

Description

2/solid brick 8/unit buildings with hip roofs for the Wisconsin weather. Good location, good properties at 2501 and 2505 Calypso Rd. All newer mechanicals including water softeners and lots of newer remodeling. Near Lake Mendota, Warner Park, bike trails, Cherokee Marsh, shopping, and bus lines. This property is very easy to operate by any owner or management staff. The buildings can also be purchased separately for $930,000 each (see MLS #1950296). Gross year rents are $109,800 for 2501 Calypso Rd & $106,200 for 2505 Calypso Rd.
MLS #:19502941950294 Listed By: Jim White of Investment Brokers Realty

Address

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  • Address 2501 & 2505 Calypso Rd
  • City Madison
  • Area Madison - C E04

Details

Updated on March 9, 2023 at 12:00 am
  • Property ID: 4776856
  • Price: $1,800,000
  • Land Area: 216000 sqft
  • Garages: 2022
  • Year Built: 1964
  • Property Type: Multi Family

Additional details

  • Mls #: 1950294
  • Status: Offer-Show
  • Class: Multi Family
  • List Price: 1800000
  • Address: 2501 & 2505 Calypso Rd
  • Location: MADISON - C E04
  • County: Dane
  • C/t/v: City
  • Year Built: 1964
  • Number Of Units: 16
  • Total Income: 216000
  • Unit 1: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Individual heat control
  • Unit 1: 2501-1
  • U1 Lease Expiration Date: M to M
  • U1 Parking: Yes
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Wtr/sew: Yes
  • U1 # Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Sqft: 800
  • Unit 1 Dining Room Lvl: M
  • Unit 1 Kitchen Lvl: M
  • Unit 1 Living/great Rm Lvl: M
  • Unit 1 Master Bedrm Lvl: M
  • Unit 1 Bedroom 2 Lvl: M
  • Unit 1 Bedroom 2 Dim: 10X12
  • Unit 1 Dining Room Dim: 8X12
  • Unit 1 Kitchen Dim: 6X10
  • Unit 1 Living/great Rm Dim: 12x19
  • Unit 1 Master Bedrm Dim: 11X12
  • U1 Mo Rent: 1200
  • Unit 2: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Individual heat control
  • Unit 2: 2501-2
  • U2 Lease Expiration Date: M to M
  • U2 Parking: Yes
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Wtr/sew: Yes
  • U2 # Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Sqft: 800
  • Unit 2 Bedroom 2 Lvl: M
  • Unit 2 Dining Room Lvl: M
  • Unit 2 Kitchen Lvl: M
  • Unit 2 Living/great Rm Lvl: M
  • Unit 2 Master Bedrm Lvl: M
  • Unit 2 Bedroom 2 Dim: 10x12
  • Unit 2 Dining Room Dim: 8x12
  • Unit 2 Kitchen Dim: 6x10
  • Unit 2 Living/great Rm Dim: 12x19
  • Unit 2 Master Bedrm Dim: 11x12
  • U2 Mo Rent: 1200
  • Unit 3: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Individual heat control
  • Unit 3: 2501-3
  • U3 Lease Expiration Date: M to M
  • U3 Parking: Yes
  • U3 # Bedrooms: 2
  • U3 Full Baths: 1
  • U3 Sqft: 800
  • U3 Landlord Pays Heat: Yes
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Wtr/sew: Yes
  • U3 Mo Rent: 1200
  • Unit 4: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Individual heat control
  • Unit 4: 2501-4
  • U4 Lease Expiration Date: M to M
  • U4 Parking: Yes
  • U4 # Bedrooms: 2
  • U4 Full Baths: 1
  • U4 Sqft: 800
  • U4 Landlord Pays Heat: Yes
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Wtr/sew: Yes
  • U4 Mo Rent: 1200
  • Est. Total Acres: 0.57
  • Heating Type: Steam
  • Heating Fuel: Natural Gas
  • # Water Heaters: 4
  • # Water Softeners: 2
  • # Stoves: 16
  • # Refrigerators: 16
  • # Units W/ac: 16
  • # Furnaces: 2
  • Number Of 2 Bedrooms: 16
  • Parking Spaces Outside: 16
  • School District: Madison
  • High School: East
  • Middle School: Sherman
  • Elementary: Emerson
  • Type: Apartment building,2 story
  • Park/unit: Detached,1 space,Outside
  • Exterior: Brick
  • Basement: Full,Poured concrete foundatn,Sump pump
  • Water/waste: Municipal water,Municipal sewer
  • Utilities: Separate elec meters
  • Items Included: 16-stoves, 16 Refrigerators, 16 wall A/C units, all ceiling fans, all window treatments, 2 water softeners, 4 water heaters at 80 gallons each and 2 gas boilers (newer)
  • Items Excluded: Owner/tenants personal property
  • La1agent First Name: Jim
  • La1agent Last Name: White
  • Lo1office Name: Investment Brokers Realty

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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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