NOT LISTED FOR SALE

1014 & 1018 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood
7 Beds
4 Baths
2,793 Sq Ft
0.28 Acres

Last Sold October 30, 2017

Last sale price $587,700 $210 Per Sq Ft

115 Days on Market

Highlights

  • 0.28 Acre Lot
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Fireplace
  • Accessible Bedroom
  • 2-minute walk to Giddings Park

About This Home

As of October 2017

Investors, excellent opportunity to own 2 turn-key low maintenance rental properties in heart of Madison. 2 well maintained homes currently rented through Aug '18. Tenants pay all utilities, get 1 off-street parking stall, & responsible for snow removal. Washer/dryer hook-ups provided, tenants furnish their own units. Property has 3 car detached garage that could be rented for additional income. Water/sewer lines from street were replaced when street was improved. Buried electric, so no overhead lines. Also see MLS #1806709 & 1806710

Last Agent to Sell the Property

Jessica Hasselberger

H & H Realty License #56866-90 Listed on: 06/13/2017

Last Buyer's Agent

Julie Larson

First Weber Inc License #69054-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,385

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Covered Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Fireplace
  • 0.28 Acre Lot
  • Property is near a bus stop

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0216-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,385

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Barrier Free: First floor bedroom, First floor full bath, Width of hallways 36"+, Door openings 29" or more, Low pile or no carpeting
  • Items Excluded: Sellers' personal items; Tenants' personal items.
  • Items Included: Each unit contains one range/oven and one refrigerator. Each unit contains washer/dryer hook-ups, but tenants to provider their own appliances.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Units W Ac: 3
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.28
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 4560

Tax Info

  • Net Taxes: 14385
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-132-0216-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $587,700 -7.0% $210 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $632,000 -1.6% $226 / Sq Ft
08/26/2017 08/26/17 Price Changed $642,000 -10.2% $230 / Sq Ft
06/13/2017 06/13/17 For Sale $715,000 -- $256 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Julie Larson

    Buyer's Agent in 2017

    Julie Larson

    First Weber Inc

    (608) 516-1716

    65 Total Sales

    Julie Larson
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1806713

South Central Wisconsin Multiple Listing Service
Wisconsin Dane County Madison 53703 Tenney-Lapham

1014 & 1018 E Gorham St, Madison, WI

Not Listed for Sale

MultiFamily

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