Eric Schlutz, ALC
Description
ON LAKE MONONA! This giant 7 unit apartment building is on a double deep lot on Lake Monona! Walkable to the capitol square, restaurants, coffee shops, public parks & everything that the near east side has to offer. The property was built in 1906 as a huge two flat. The property still has the same charm and character as when it was first built, but also includes a variety of important updates. 2017 - new 400amp, underground electrical service & all new separate panels. 2021 - brand new roof. 2021 - entire exterior was repaired, prepped & painted. Extensive tree work & a variety of, in unit, upgrades throughout. $153K in 2025 gross income.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Dane
High School: East
Listed By:
The Hub Realty
608-556-4400
SCWMLS
MLS ID: 2035979
Units
Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
Square Feet: 521
Unit 2:
Full Baths: 1
Parking Description: Street
Square Feet: 507
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
Square Feet: 530
Unit 4:
Bedrooms: 3
Full Baths: 2
Parking Description: Street
Square Feet: 1291
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933 Spaight Street, Madison, WI 53703.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,800,000 | $1,800,000 | $1,800,000 |
| Down Payment | $63,000 | $0 | $360,000 |
| Monthly Mortgage Amount | $11,611 | $11,926 | $9,702 |
| Taxes | $2505 | $2505 | $2505 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,081 | $0 | $0 |
| Monthly Estimated Total | $15,722 | $14,956 | $12,732 |
This information, provided by seller, listing broker, and other parties, may not have been verified.
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