42 Northridge Terrace, Madison, WI 53704

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#1#2#3
42 Northridge Terrace,Madison, WI 53704
$700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:seth pfaehler
Office:the mcgrady group, llc.
MLS#:2003028
Source:WI_WIREX_SCW

Price summary

  • Price:$700,000

About this home

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. All refrigerators replaced ? June 2022, New water softener ? May 2022, Energy efficiency improvements ? October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced

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Home facts

  • Year built:1989
  • Listing Id #:2003028
  • Added:49 day(s) ago
  • Updated:August 01, 2025 at 10:23 AM

Heating and cooling

  • Heating:Electric, Radiant/Electric

Structure and exterior

  • Year built:1989
  • Lot area:0.39 Acres

Schools

  • High school:East
  • Middle school:Black Hawk
  • Elementary school:Mendota

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$700,000
  • Tax amount:$8,868 (2023)
2025 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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