306-308 S Broom St

Madison, WI
MLS # 1905150  PIN # 44279

Sold price:

$530,000

Sold on 07/29/2021

2 Total Units
Listed by First Weber Realtors

Description

Strong Isthmus investment opportunity close to UW, Capitol Square, bike path, dog park & all downtown amenities. Seller says no vacancies in 12 years of ownership. Leased through mid July & Aug. 2022. For upcoming leases rent for 306 8/15/21-8/14/22 is $1,960 and for 308 8/1/21-7/31/22 is $1,570. Seller added 3rd floor addition accessed by spiral staircase to include 3rd bedroom laundry, living room, flex room and second bath. 1 or 2 more bedrooms could be added to the third floor. Third floor is plumbed for kitchen if you want two different but connected units in 308. Other updates include new furnaces, new air conditioning, new water heater, some flooring. Roof new with previous owner in 2004. No K&T wiring. *Total income/yr for new leases $42,500.

Home warranty included

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Property Details

Features Multi Family

Total Number of Units: 2 Year Built: 1909
Total Lot Square Feet: 0 Unit 1 Parking: Street
Taxes: $7,973 School District: Madison Metropolitan
Body of Water:

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Listing History

Date Event Change
Jul 29 2021 4:24PM Status Change Sold
Jun 14 2021 8:44AM Status Change Offer-Show
Apr 15 2021 11:45AM Status Change Active
Mar 29 2021 3:44PM Price Change $555,000
May 1 2008 2:05PM Price Change $284,900
Apr 15 2008 10:07AM Status Change Sold
Apr 10 2008 5:10PM Status Change Pending
Feb 25 2008 2:04PM Status Change Offer-Show
Dec 3 2007 5:03PM Price Change $279,900
Nov 23 2007 5:02AM Status Change Expired
Nov 14 2007 4:03PM Price Change $279,900
Aug 10 2007 9:04AM Price Change $299,900
May 23 2007 2:02PM Price Change $314,900
May 8 2007 5:07AM Status Change Expired
Feb 12 2007 4:04PM Price Change $339,900
Feb 1 2007 5:29AM Status Change Expired
Jul 12 2006 5:01AM Price Change $349,900

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