SOLD
$495,000
Date 08/22/2022

5826 Balsam Road
Madison, WI 53711

Multi-Family
Residential
7
Beds
4
Baths
0.37
Acre Lot
Courtesy: Restaino & Associates ERA Powered
CB The Realty Group> Wisconsin> Madison> 53711
A solid 5-unit building w/strong rental history, rents for 4 units are below market level. Apt 5 $975 (potential rent, has new windows installed, kitchen cabs, BA fixtures, appls, & other materials all incl) was previously rented & remodel started-open to finish & increase income by ~25%, cost for remodel is in the listing price. Many updates made to make this an attractive home for tenants w/very low maintenance. New roof, vinyl siding, facia, & gutters 5 yrs ago. New carpet & vinyl flrs - unit 3, new carpet 3 yrs ago. New vanity & sink in all BA, mostly new faucets throughout. New appls (stove/fridge), sinks & backsplash in kitchens (5-6 yrs ago) & some garbage disposals changed. This is a well-running investment, make instant income & option to increase income w/rent increases & 5th apt
1938237
Residential - Multi-Family, 2 Story
7
4 Full
1959
Dane
0.37 Acres
Municipal water
2
Brick,Stone
Municipal sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: Restaino & Associates ERA Powered
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