WOW! Fantastic "4 Unit" Income producing apartment building "for sale", in the Meadowood Neighborhood on Madison's West Side. This "Fully Leased" building boasts Three 2 bedroom apartments, One 1 bedroom apartment and coin laundry. Stop paying rent and owner occupy or buy a solid investment. Additional 1 bedroom / 1 bathroom apartment spare (unfinished) available to become the 5th unit. "Solid Investment". Schedule your showing today!
Closed
$530,000
5826 Balsam Road, Madison, WI 53711
7beds
--sqft
Multi Family, Apartment
Built in 1959
-- sqft lot
$638,800 Zestimate®
$--/sqft
$2,081 Estimated rent
Home value
$638,800
$600,000 - $684,000
$2,081/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 23, 2024 at 07:10am
Listed by:
Maurice Taylor HomeInfo@firstweber.com,
First Weber Inc
Bought with:
Lori Schilling
Source: WIREX MLS,MLS#: 1967845
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Full,Block
- Has fireplace: No
Property
Parking
- Parking features: Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.37 Acres
Details
- Parcel number: 060906203182
- Zoning: SR-V1
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Stone
Condition
- 21+ Years
- New construction: No
- Year built: 1959
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
- Subdivision: Meadowood
- Municipality: Madison
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2024 | Sold | $530,000-11.7% |
Source:  WIREX MLS #1967845 | ||
| 12/11/2023 | Contingent | $600,000 |
Source: WIREX MLS #1967845 | ||
| 11/28/2023 | Listed for sale | $600,000+21.2% |
Source: WIREX MLS #1967845 | ||
| 8/22/2022 | Sold | $495,000+1% |
Source: WIREX MLS #1938237 | ||
| 7/12/2022 | Contingent | $490,000 |
Source: WIREX MLS #1938237 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,375 +4% | $530,000 +7.1% |
| 2023 | $9,973 | $495,000 +23.1% |
| 2022 | -- | $402,000 +10.1% |
Find assessor info on the county website
Neighborhood: Meadowood
Nearby schools
GreatSchools rating
- 6/10Orchard Ridge Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Toki Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Memorial High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Orchard Ridge
- Middle: Toki
- High: Memorial
- District: Madison
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$638,800
2% more+ $12,776
With Zillow Showcase(estimated)
$651,576