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WI Paragon

adam@bluecompassteam.com +1(920) 247-0404

Listed by Haven Real Estate Partners • 608-213-8242

$ 850,000

Est. payment -/mo

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4706 Jenewein Road Madison, WI 53711

12 Beds

6 Baths

4,480 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 story,Townhouse style units

Listing Status Active

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $189

MLS Listing ID 2024933

Bedrooms 12

Full Baths 4

Half Baths 4

Year Built 1967

Annual Tax Amount $10,291

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type 2 story,Townhouse style units

Property Description

Excellent opportunity to own a well-maintained 4-unit property in one of the strongest multifamily markets in the country. This property offers a rare and preferred 3 Bedroom, 1.5 Bath Units with a proven rental history, stable occupancy, and room to increase rents providing both immediate cash flow and future upside. Tenants love having a private 1 car garage and the convenient location. One unit is currently vacant, an ideal opportunity for an owner-occupant or an investor seeking additional rental income. The vacant unit has been updated and is in excellent condition. Major improvements have already been completed, including newer roof and gutters, newer driveway, and recent retaining wall work. Tenants pay all their own utilities, helping keep operating expenses low. A true turnkey, low-maintenance investment with no major capital expenditures anticipated, ready for its next owner.

Location

State WI

County Dane

Area Madison - C W10

Zoning SR-V1

Direction Allied Dr South to Jenewein Road, East on Jenewein, Property is on North side of street.

Rooms

Basement Full, Poured concrete foundatn, Lower basement laundry

Interior

Heating Radiant

Inclusions 4 washers, 4 dryers, 4 stoves/oven, 4 microwaves, 4 refrigerators, 4 wall AC units

Heat Source Natural Gas

Exterior

Parking Features 1 stall garage, Attached, 1 space, Outside, Opener inc, Blacktop/Asphalt, Driveway Entrance, Inside parking, Off street, Paved

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl,Brick

Schools

Elementary Schools Crestwood

Middle Schools Toki

High Schools Memorial

School District Madison