5726 Russett Rd, Madison, WI

5726 Russett Rd, Madison, WI
  • $1,400,000


BACK ON MARKET due to failed financing. 4x3Bd/2Ba and 4×2 Bd/1Ba units in well-maintained, brick/vinyl 2-story, updated apts, wood/tile floors. +$65k updates Aug-Oct ’22: steel roof, concrete driveway, resurfaced & striped lot, +more. 1 parking space/unit; 2 extra stalls rentable+1 leased coin W/D provides additional income. Separate electric meters, LL shared laundry (W/D hookups exist for 8 units), LL secure/private tenant storage, LL walkout. Within 1 block: bus line, shopping, schools, employment & bike routes. 100% Occupied, long term tenants, turnkey. 1 MM lease, owner can occupy. 3 leases renew Q1 2023. Current rents below fair market value. RentOMeter avg rent in this location is $1776/3Bd. Great opportunity for higher Cash Flow, ROI & Equity. Seller may execute 1031 exchange.
MLS #:19406161940616 Listed By: Sue Romens of First Weber Inc

  • Address 5726 Russett Rd
  • City Madison
  • Area Madison - C W08


Updated on January 24, 2023 at 12:00 am
  • Property ID: 4590148
  • Price: $1,400,000
  • Land Area: 112344 sqft
  • Garages: 2022
  • Year Built: 1962
  • 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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