3040-3046 Commercial Ave, Madison WI 53704 $910,000

3040-3046 Commercial Ave, Madison BD: 0 BA: 1 $910,000 Active

  • Residential Income
  • Status: Active
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 2.25
  • Elementary School: Emerson
  • Middle School: Sherman
  • High School: East
  • Property Taxes: $10,884
  • Property Tax Year: 2019
  • MLS#: 1888805
  • Listing Company: The Hub Realty

3040-3046 Commercial Ave, Madison, WI 53704 - Rare, FULLY APPROVED, turn-key new development opportunity on Madison's near east side in an existing opportunity zone. Own ~2 acres, 2 existing remodeled homes AND full city/neighborhood approval for an incremental 24 units on site. Price includes all land, both remodeled homes, all city/neighborhood approvals, in-place architect, all drawings, GC (if desired) & a building permit waiting at the City office. The deal is packaged & ready to go for a buyer/developer that wants to skip the city/neighborhood approval process & hit the ground running in a popular & fast growing east side neighborhood. Also listed as 2 single family homes (MLS 1888803 & MLS 1888804), business/commercial (MLS 1888807), and lots/acreage (MLS 1888806). Two parcels included in sale (081032312035 & 081032312027)

Additional Features
  • Full, Walkout
  • Water Waste: Municipal sewer, Municipal water, Well
  • 2 story
  • 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
1888807 Active Delayed Jul 28 2020 2:56PM 94
1888806 Active Delayed Jul 28 2020 2:55PM 94
1888805 Delayed Jul 20 2020 4:55PM $910,000 94
1888807 Delayed Jul 20 2020 4:51PM $910,000 94

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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