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25 Coronado Ct 4 Unit Apartment Building $1,265,000 ($316,250/Unit) Madison, WI 53705
Investment Highlights
- Three units have full basements.
- Within walking distance to numerous restaurants and retail
- Fully leased four-unit apartment building with long term tenants.
- Located on a quiet cull-d-sac, just off Mineral Point Road
Executive Summary
Each unit has three bedrooms, attached one car garage, wood burning fireplaces, private entrances. Two units have 2 full bathrooms, two have 1 ½ bathrooms. Three units have full basements.
Updates include – Project Home 2006, insulated attic, continuous ventilation fans, high efficiency furnaces. New windows, gutters, siding in 2015. Unit 25 – new water heater in 2022, garage door in 2020, AC in 2020 new compressor 2025. Unit 27 – garage door 2020, dishwasher in 2022. Numerous other minor updates
Updates include – Project Home 2006, insulated attic, continuous ventilation fans, high efficiency furnaces. New windows, gutters, siding in 2015. Unit 25 – new water heater in 2022, garage door in 2020, AC in 2020 new compressor 2025. Unit 27 – garage door 2020, dishwasher in 2022. Numerous other minor updates
Property Facts
| Price | $1,265,000 | Building Class | C |
| Price Per Unit | $316,250 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 10,775 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Low-Rise | ||
| Zoning | SR-V1 - residential | ||
| Price | $1,265,000 |
| Price Per Unit | $316,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 10,775 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1978 |
| Zoning | SR-V1 - residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,572 | - |
| 3+1.5 | 2 | $1,695 | - |
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 0708-243-0628-1 | Improvements Assessment | $705,000 |
| Land Assessment | $110,000 | Total Assessment | $815,000 |
Property Taxes
Parcel Number
0708-243-0628-1
Land Assessment
$110,000
Improvements Assessment
$705,000
Total Assessment
$815,000
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25 Coronado Ct
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