3722 W Karstens Drive, Madison, WI 53704
Local realty services provided by:Better Homes and Gardens Real Estate Power Realty
Listed by:ryan schmitz
Office:the hub realty
MLS#:2002505
Source:Metro MLS
3722 W Karstens Drive,Madison, WI 53704
$1,200,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Price summary
- Price:$1,200,000
About this home
Rare opportunity to purchase a Madison investment property that actually makes money!!! This 8 unit property is all 2 bed/1 bath apartments with current rents ranging between $1,410-$1,600. As of the date of listing, there is one vacancy. Current actual rent roll results in over $125K in gross income. By filling the one vacancy, another $18K in revenue can be easily added. Landlord currently includes heat & water in rent. Tenant's pay their own electric. Current owner self manages.
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Home facts
- Year built:1971
- Listing Id #:2002505
- Added:55 day(s) ago
- Updated:August 14, 2025 at 03:14 PM
Heating and cooling
- Heating:Natural Gas, Radiant/Electric
Structure and exterior
- Year built:1971
- Lot area:0.38 Acres
Schools
- High school:Call School District
- Middle school:Call School District
- Elementary school:Call School District
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$1,200,000
- Tax amount:$14,911 (2024)
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