Bought with Badgerland Real Estate & Associates, LLC
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Key Details
Sold Price $762,000
Property Type Multi-Family
Sub Type Apartment building
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $173
MLS Listing ID 2025606
Bedrooms 8
Full Baths 4
Year Built 1992
Annual Tax Amount $8,699
Tax Year 2025
Lot Size 0.284 Acres
Property Sub-Type Apartment building
Property Description
Marshall four-unit with strong in-place income, long-term tenants, and the major capital work already done. New roof and updated water heaters mean the big-ticket items are behind you. No basement construction keeps ongoing maintenance simple and predictable. Each unit includes a private one-car garage, a standout amenity in this price range that drives tenant retention and supports strong demand at renewal time. Located 10 minutes from Sun Prairie with easy access to the Madison metro corridor, this property sits in a stable rental market with reliable demand from working tenants priced out of the city. The Marshall rental market continues to benefit from spillover demand as Sun Prairie and Madison rents climb. All four units are identical in size and layout, making management and pricing consistent across the board. Straightforward financials and operational simplicity from day one.
Location
State WI
County Dane
Area Marshall - V
Zoning Comm
Interior
Heating Radiant
Exterior
Parking Features 1 stall garage, Opener inc
Utilities Available Separate elec meters
Building
Water Municipal water
Structure Type Vinyl,Brick
Schools
Elementary Schools Marshall
Middle Schools Marshall
High Schools Marshall
School District Marshall
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