1142-1144 E Mifflin Street, Madison

$668,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

THREE UNITS, ONE GOAL: BUILDING PASSIVE INCOME STREAMS! Charming 3 flat property located near Downtown Madison. All units are 3bed, 1 bath. Unit 1 features hardwood floors, ample natural light, and large closets. Renovated Unit 2 has hardwood floors, a sizable kitchen, a bonus room, and ceiling fans and lights in all bedrooms. Renovated Unit 3 offers hardwood floors, vaulted ceilings, kitchen skylight, rustic brick accents, and sizable bedrooms. Back yard shared with all tenants. All units have individual furnaces, water heaters, water softeners and meters. Laundry hookups available in basement. Units 2 and 3 are leased until 2025. Close to Breeze Stevens Field, Tenney Park, Lake Mendota, and many restaurants and retailers.

Stark Company, Realtors.

Essential Information
Status Sold
Detailed Status Sold 7/5/2024
Days on Market 35
MLS® # 1975666
Price $668,000
Year Built 1912
Type Multi Family
Assessed Value $533,900
Year Assesed 2023
Net Taxes $9,671
Tax Year 2023
Total Income $50,739
Total Expenses $7,633
Net OP Income $51,803
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 561
Exterior Aluminum
Community Information
Address 1142-1144 E Mifflin Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703-2435
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
3 Bedroom Units 3
Total Units 3
# of Water Heaters 3
# of Water Softeners 3
Heat Fuel Natural Gas
# of Stoves 3
# of Refrigerators 3
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2024
Monthly Rent $1,485
Square Feet 1,219
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,545
Square Feet 1,219
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 8/14/2025
Monthly Rent $1,405
Square Feet 879
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning TR-V1
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Offer-Show to Sold
Status Changed from Active to Offer-Show
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Data provided by the South Central Wisconsin MLS as of 08/14/2024.

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