1521 Trailsway St, Madison, WI 53704 Sold for $825,000 on 06/18/2021

1521 Trailsway St, Madison BD: 0 BA: 1 $825,000 Sold

  • Residential Income
  • Status: Sold
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 0.28
  • Elementary School: Emerson
  • Middle School: Sherman
  • High School: East
  • Property Taxes: $12,907
  • Property Tax Year: 2020
  • MLS#: 1906643
  • Listing Company: Openhomes Inc.
  • Zip Code: 53704
  • Number of Units: 8
  • Unit Type 1 Avg Rent: $900
  • Unit 1 Parking: 1 Space
  • Unit Type 2 Avg Rent: $875
  • Unit 2 Parking: 1 Space

1521 Trailsway St, Madison, WI 53704 - Excellent brick 8-unit investment property w/many recent improvements: newer windows, side driveway, front porches, luxury vinyl plank in hallway and some kitchens, plumbing replaced. Sunny, spacious 2 bedrooms apts, 950 sq ft, most with refinished hardwood floors and some with new appliances. Front units overlook Warner Park! 1 pkg space & basement storage unit per apt. 2 coin-op laundry sets. Most tenants autopay online; AGI $84,120 with many rents below market and huge upside potential in quickly appreciating part of Madison. Tenants metered separately and pay electric, landlord pays heat & water. Great bustling Northside neighborhood, on bus line w/walkable shopping, restaurants, library, nature trails! Seller is WI RE licensee.

Additional Features
  • Full, Sump pump
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 8 Range/Ovens, 8 Refrigerators, 8 garbage disposals, 2 sets of coin-op Washer/Dryers, Water Softener
  • 2 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
1906643 Sold Offer-Show Jun 18 2021 12:00AM $825,000 11
1906643 Sold Offer-Show Jun 18 2021 12:00AM $825,000 11
1906643 Offer-Show Active Apr 26 2021 10:48AM 11
1906643 Active Apr 16 2021 11:53AM $800,000 11
1851767 Sold Not Found in MLS May 1 2019 12:00AM $591,700 12
1851767 Sold Offer-No Show May 1 2019 12:00AM $591,700 12
1851767 Offer-No Show Active Mar 27 2019 2:48PM 12
1851767 Active Mar 15 2019 12:47PM $624,900 12
1757939 Sold Offer-Show Mar 22 2016 12:00AM $507,500 167
1757939 Offer-Show Active Mar 2 2016 9:46PM 167
1757939 Dec 2 2015 8:45AM $529,000 $558,000 167
1757939 Active Sep 16 2015 9:48AM $558,000 167

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