Bought with Barnes & Associates Realty Group
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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Duplex-side by side,2 story,Townhouse style units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $217
Subdivision Meadowood
MLS Listing ID 2017568
Bedrooms 6
Full Baths 2
Half Baths 2
Year Built 1976
Annual Tax Amount $8,375
Tax Year 2025
Lot Size 0.300 Acres
Property Sub-Type Duplex-side by side,2 story,Townhouse style units
Property Description
Showings to take place ONLY during open houses: Fri 3/6 & Sat 3/7 Noon-2PM. Incredible investment opportunity to own a duplex with garage parking on Madison's West side. Desirable townhouse floor plans with spacious living areas. Both units have been updated in recent years with updated kitchen cabinets/appliances, new vinyl plank flooring on main level, and new light fixtures. Each unit has it's own 1-car garage plus additional off-street parking - 6401 is attached, 6403 is detached. Separate gas, electrical, and water meters for each unit allow for tenants to pay their own heat, electricity, and water. New electrical panels installed in both units in 2022. 6401 has a new furnace in 2026. Partially finished basement on 6403 side allows for more usable space. Potential to do same in 6401 side for added value. Large spacious lot with no side neighbor is desirable for tenants. Nearly $50K of annual income with a 10.5 GRM makes for a great investment.
Location
State WI
County Dane
Area Madison - C W09
Zoning SR-C3
Interior
Heating Forced air
Exterior
Parking Features 1 stall garage, Attached, Detached, 1 space, Outside, Opener inc
Utilities Available Separate elec meters, Separate gas meters, Separate water meters
Building
Water Municipal sewer, Municipal water
Structure Type Vinyl
Schools
Elementary Schools Huegel
Middle Schools Toki
High Schools Memorial
School District Madison
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