This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD?s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through September 2028. Heat pumps installed ? Sep 2023, All refrigerators replaced ? Jun 2022, New water softener ? May 2022, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced
For sale
$720,000
26 Northridge Terrace, Madison, WI 53704
8beds
3,920sqft
Est.:
Multi Family, Apartment
Built in 1989
-- sqft lot
$717,800 Zestimate®
$184/sqft
$-- HOA
What's special
- 40 days
- on Zillow |
- 412 |
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