3738 W Karstens Dr, Madison, WI

3738 W Karstens Dr, Madison, WI
  • $814,900

Description

Great Eastside 8 unit near Warner Park and Governors Island Mendota Lake access point. Plenty of parking and views from on top of the hill. Based on projected rent increases this year, gross monthly rent should grow to $88,260 when the last lease matures on August 31, 2023. That would put the asking gross rent multiplier at about 9.23.
MLS #:19502891950289 Listed By: James Stopple of Madison Property Management, Inc.

  • Address 3738 W Karstens Dr
  • City Madison
  • Area Madison - C E03

Details

Updated on February 22, 2023 at 12:00 am
  • Property ID: 4711118
  • Price: $814,900
  • Land Area: 82320 sqft
  • Garages: 2022
  • Year Built: 1978
  • Property Type: Multi Family

Additional details

  • Mls #: 1950289
  • Status: Offer-Show
  • Class: Multi Family
  • List Price: 814900
  • Address: 3738 W Karstens Dr
  • Location: MADISON - C E03
  • County: Dane
  • C/t/v: City
  • Year Built: 1978
  • Number Of Units: 8
  • Total Income: 82320
  • Unit 1: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Separate Storage Unit Inc,Shared basement
  • Unit 1: Yes
  • U1 Lease Expiration Date: 6/30/2022
  • U1 Parking: 2 Space
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Wtr/sew: Yes
  • U1 # Bedrooms: Yes
  • U1 Full Baths: 1
  • U1 Sqft: 775
  • Unit 1 Kitchen Lvl: M
  • Unit 1 Living/great Rm Lvl: M
  • Unit 1 Master Bedrm Lvl: M
  • Unit 1 Kitchen Dim: 10x12
  • Unit 1 Living/great Rm Dim: 11x19
  • Unit 1 Master Bedrm Dim: 12x15
  • U1 Mo Rent: 915
  • Unit 2: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Separate Storage Unit Inc,Shared basement
  • Unit 2: 2
  • U2 Lease Expiration Date: 5/31/2023
  • U2 Parking: 2 Space
  • 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
  • U2 Mo Rent: 920
  • Unit 3: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Separate Storage Unit Inc,Shared basement
  • Unit 3: 3
  • U3 Lease Expiration Date: 7/31/2023
  • U3 Parking: Yes
  • U3 # Bedrooms: Yes
  • U3 Full Baths: 1
  • U3 Sqft: 625
  • U3 Landlord Pays Heat: Yes
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Wtr/sew: Yes
  • U3 Mo Rent: 800
  • Unit 4: Dining room,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Separate Storage Unit Inc,Shared basement
  • Unit 4: 4
  • U4 Lease Expiration Date: 5/31/2023
  • U4 Parking: Yes
  • U4 # Bedrooms: Yes
  • U4 Full Baths: 1
  • U4 Sqft: 625
  • U4 Landlord Pays Heat: Yes
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Wtr/sew: Yes
  • U4 Mo Rent: 800
  • Est. Total Acres: 0.34
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • # Water Heaters: Yes
  • # Water Softeners: Yes
  • # Stoves: 8
  • # Refrigerators: 8
  • # Dish Washers: 8
  • # Washers: 2
  • # Dryers: 2
  • # Units W/ac: 8
  • # Furnaces: Yes
  • Number Of 1 Bedrooms: 4
  • Number Of 2 Bedrooms: 4
  • Parking Spaces Outside: 12
  • School District: Madison
  • High School: East
  • Middle School: Black Hawk
  • Elementary: Mendota
  • Type: Apartment building,2 story,2 flat-up and down,Other
  • Park/unit: Yes
  • Exterior: Vinyl,Brick
  • Basement: Full,Poured concrete foundatn
  • Water/waste: Municipal water,Municipal sewer
  • Utilities: Separate elec meters
  • Items Included: 8 stoves, 8 refrigerators, 8 dishwashers, 8 sleeve A/C units, 1 water heater, 1 water softener and one boiler.
  • Items Excluded: Items belonging to tenants in occupancy and the wash machines and dryers which are leased.
  • La1agent First Name: James
  • La1agent Last Name: Stopple
  • Lo1office Name: Madison Property Management, Inc.

Request a Showing

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$
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.

Compare listings

Compare
Request a Showing
  • Request a Showing