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Madison, WI 53704,26 Northridge Terrace
Madison, WI 53704,26 Northridge Terrace
Madison, WI 53704,26 Northridge Terrace
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Listed by Seth Pfaehler • The McGrady Group, LLC
$700,000
Est. payment /mo
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0.39 Acres Lot
Active

26 Northridge Terrace Madison, WI 53704

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O'Connor Realty Group

O'Connor Realty Group

+1(715) 823-5144

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MADISON

MLS Listing ID 2003106

Year Built 1989

Building Age 21+ Years

Annual Tax Amount $8,868

Tax Year 2023

Lot Size 0.390 Acres

Acres 0.39

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 September 2028. Heat pumps installed ? Sep 2023, All refrigerators replaced ? Jun 2022, New water softener ? May 2022, 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

Direction Northport Drive, turn right on Troy Drive, then left onto Northridge Terrace

Rooms

Basement None / Slab

Interior

Interior Features Water Softener, High Speed Internet

Heating Electric

Cooling Heat Pump

Inclusions Refrigerator(4), Range/Ovens(4), Dishwashers(4), Washers(4), Dryers(4), Wall A/C(4), mini splits

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 Mendota

Middle Schools Black Hawk

High Schools East

School District Madison

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O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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