Eight condo units in one brick building within a 70-unit condo association. Each unit has: two bedrooms, separate gas furnace and water heater, and two assigned parking stalls in expanded lot. By owning condo units, the investor has limited expenses with condo dues covering: unit gas, water/sewer, unit inside insurance (not liability), upkeep of common areas, and repair or replacement of exterior building components. Rent roster and income & expenses in MLS docs for agents. Condo docs allow rentals (see Rules & Regs). Leases to summer of 2023 and annual income of $90,120. Units are rented, so a minimum of 48 hours notice on a weekday. No showings on Sundays.
Sold for $792,000 on 08/23/22
$792,000
2330-2334 Allied Dr, Madison, WI 53711
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1964
-- sqft lot
$566,800 Zestimate®
$--/sqft
$1,910 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 23, 2022 at 08:05pm
Listed by:
Jeff Meyer 608-219-2436,
Meyer Realty & Management Inc
Bought with:
Ashlee A Aplin
Source: WIREX MLS,MLS#: 1936628
Originating MLS: South Central Wisconsin MLS

Facts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Water Softener
Features
- Basement: Full,Concrete
- Has fireplace: No
Property
Parking
- Parking features: 2 Space
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: Multiple
- Zoning: SR-V1
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & neighborhood
Location
- Region: Madison
- Municipality: Madison
Services availability

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$566,800
2% more+ $11,336
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$578,136