4638 Hayes Road new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53704
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2002935
Year Built 1986
Building Age 21+ Years
Annual Tax Amount $9,325
Tax Year 2023
Lot Size 0.280 Acres
Property Description
This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD?s Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through October 2025. Roof replaced ? 2011, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced.
Location
State WI
County Dane
Zoning SR-V2
Interior
Heating Electric
Cooling Radiant/Electric
Inclusions Refrigerator(4), Range/Ovens(4), Dishwashers(4), Washers(4), Dryers(4), Wall A/C(4)
Exterior
Parking Features 1 Car,Attached,Opener Included
Garage Spaces 1.0
Utilities Available Separate Electric Meters,Separate Gas Meters
Building
Dwelling Type Apartment Building,2 Story
Story 1 - 2
Sewer Municipal Water,Municipal Sewer
Structure Type Vinyl,Brick
New Construction N
Schools
Elementary Schools Sandburg
Middle Schools Sherman
High Schools East
School District Madison