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213-219 Deer Valley Road

Madison , Wisconsin 53713

Listing Type:
For Sale
Listing Price:
$1,395,000.00
Property Type:
Multi-Family
Property Subtype:
Low-Rise/Garden
Year Built:
1970
Listing Status:
Active
Building Size:
14300 SqFt
Land Area:
0.76 Acres

Description:

213, 215, 217, 219 Deer Valley Rd consists of two 8 unit buildings with a shared parking area which consists of 24 spaces. All units are two bedroom one bath. The 217/219 building has owner paid boiler heat and hot water. 213/215 has 8 (10-12 year old) gas forced air furnaces and 8 gas water heaters of varying ages. All units have sleeve AC units for cooling and electric ranges. All windows have been replaces in the past 5-15 years and the parking lot is in good condition.
Many units on the first floor of each building have nicely refinished original hardwood flooring. Ceiling fans are in bedrooms and dining area of the units.
Landscaping is exceptional with many flowering plants, large shade trees, raised gardens and a lawn sprinkler system. Each building has a Mansard roof, ages approximately 12 years (213/215) and 10 years (217/219) and membrane flat roofs, ages approximately 5 years (213/215) and 12 years (217/219).
Property is fully occupied and has averaged around 3 months of vacancy annually (98%+ occupancy). The present owner is hands-on and meticulous with the buildings and with the tenants. Basement includes an unfinished office area and several large maintenance/storage rooms for use by management. A 24 camera security system and locked entrances insures a safe environment for tenants.
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Presented by:

Adriana  West

Managing Director

(678) 534-2718

(678) 907-7034

Click here to email

Listed by:

Keller Williams Realty Madison East

Madison East

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