• Address: [400-499] W Shore Dr, Madison, WI 53715 (map)
• Date Posted: 10/09/09
• Bedrooms: 6+
• Bathrooms: 3
• Size (sq ft): 4300
• Year Built: 1940

WATERFRONT ON MONONA BAY
INFORMATION SHEET

418 W. SHORE DR.
Madison, WI. 53715

Asking price: $599,900.00
3 Units: 2 bedrooms, 1 bath per unit rent for $42,600.00/yr.
-3 car garage; 3 fireplaces for 3 units.
-2 dishwashers for unit # 1 & 2.

-Zone: R2 lot size 6,048 Square feet, use code: 3 units.
-Built in 1940. Reconstruction in 1992.
-4,300 square living area.
-The attic finished for the top unit # 3 and the common laundry in the basement.
-Brick building.
-New roof on 2003.
-All appliances on the premise are included in the sale.
-All units have hardwood floors. There are few area that are tile or carpet on unit # 1.
-All units are RENTED FOR AUG.15-2009 THROUGH AUG.14-2010.
-Tenants pay electric, and gas for fireplace & stove.
-Heat is from furnace hot water.
-Electric: 4 meters and update 100 ampere electrical panels.
-Gas: 3 gas meters.
Income: - Rent income $42,600.00/yr.
- Laundry is estimated at $ 960.00/yr.
Total: $43,560.00/YEAR.
Expenses:
- Landlord pay heat & electric for 2008 was $2,664.83/yr.
- Insurance was $1,253.00 for 08/08 – 08/09.
- Water bill for 2008 was $581.54.
Total: $5,599.34/YEAR.
Current assessment is $ 535,000.00.
Taxes for 2008 was $ 10,388.98.
Good for Owner occupancy, or investment. - (NEVER VACANT).
Contact : MARIAN TRAN, or if you have any questions.
Please: call (608) 260-9193 or (608) 219-3051.
E-MAIL: mongtien@hotmail.com.
LOCATION, LOCATION!!!!