1018 Gammon Ln, Madison, WI 53719 Sold for $755,000 on 01/10/2023

1018 Gammon Ln, Madison BD: 0 BA: 1 $755,000 Sold

  • Residential Income
  • Status: Sold
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 0.34
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Property Taxes: $10,556
  • Property Tax Year: 2021
  • MLS#: 1945838
  • Listing Company: The Alvarado Group, Inc
  • Zip Code: 53719
  • Number of Units: 5
  • Unit Type 1 Avg Rent: $1,100
  • Unit 1 Parking: None
  • Unit Type 2 Avg Rent: $1,050
  • Unit 2 Parking: None
  • Unit Type 3 Avg Rent: $1,205
  • Unit Type 4 Avg Rent: $1,100

1018 Gammon Ln, Madison, WI 53719 - This profit-producing five-unit building is a great opportunity. Four of the units are 2 bedroom apartments and one unit is been used as commercial office space for lease. Located in the popular Southwest of Madison. Residential units offer two bedrooms, one bathroom, a balcony, a combined dining and living room plus plenty of parking. The lower level space hosts a long-term tenant. The property generates great income and is easy to rent. The financials spreadsheet is available upon request.

Additional Features
  • None
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 5 refrigerators, 4 range/ovens, 4 disposals, 4 dishwashers, 4 water softeners, 4 washers, 4 dryers
  • 3 story, Apartment building
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1945838 Sold Offer-Show Jan 10 2023 12:00AM $755,000 16
1945838 Sold Offer-Show Jan 10 2023 12:00AM $755,000 16
1945838 Offer-Show Active Nov 6 2022 8:45PM 16
1945838 Active Oct 24 2022 4:49PM $790,000 16

Estimated Monthly Payment

$3,287 per month
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