505 Cottage Grove Rd Madison, WI 53716

Contingent (950 Days)

$975,000

BED

BATH

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Description

This is a great opportunity to start an income property portfolio with these 4 residential two bedrooms and 2 commercial units. Located on the East side of Madison near Monona with easy access to main roads. Recently renovated, each residential unit has two bedrooms, one bathroom, and a combined dining and living room. Sellers installed new laminate floors, kitchen, and bathroom cabinets in all the units in 2021. The roof was replaced in 2021. Plenty of parking. The property generates great income and is easy to rent. The financials spreadsheet is available upon request.

MLS #:
1945836

Taxes
$14,791(2021)

Lot Size
10,454 SQFT

Type
Multifamily

Year Built
1973

Style
Apartment Building

Views
No

School District
Madison

County
Dane County

Listed By

Carlos Alvarado, The Alvarado Group, Inc

Source
WIREX
Last checked Jun 6 2025 at 7:00 AM CDT

Bathroom Details

Full Bathrooms: 4

Interior Features

Interior Amenities : Water Softener
Interior Amenities : High Speed Internet
Inclusions : 4 Refrigerators
Inclusions : 4 Range/Stoves
Inclusions : 4 Disposals
Inclusions : 4 Microwaves
Inclusions : 4 Dishwashers
Inclusions : Water Softener
Inclusions : Coin Operated Washer & Dryer
Exclusions : Tenants' and Sellers' Personal Property. Main Floor Washer & Dryer.

Heating and Cooling

Forced Air

Basement Information

None / Slab

Exterior Features

Vinyl
Wood
Brick
Stucco

Utility Information

Sewer: Municipal Water, Municipal Sewer
Fuel: Natural Gas

School Information

Elementary School: Allis
Middle School: Sennett
High School: Lafollette

Location

Map View | Street View

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*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by C21 Affiliated and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

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Contact Information: CENTURY 21 Affiliated • Nikki Coppa • CA Department of Real Estate - CA DRE #01897784 • 2020 CAMINO DEL RIO NORTH #800, SAN DIEGO, CA 92108 • (619) 471-2000