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4414 Dwight Drive, Madison, WI 53704
$1,495,000
4414 Dwight Drive, Madison, WI 53704View this property at 4414 Dwight Drive, Madison, WI 53704
4414 Dwight DriveMadisonWI53704
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Property Description
Investors! Welcome into a prime 12-unit rental property. 6.3% CAP rate. Strategically located on Madison's thriving East Side, just moments from the dynamic pulse of Sun Prairie and a stone's throw from East Town Mall and key bus routes. These professionally maintained 1BR/1BA units boast a history of strong occupancy and steady cash flow. Recent investments include new parking lot and roof bring ongoing profitability while on-site laundry enhances tenant convenience. This property guarantees consistent returns and strong upside for your portfolio. Nearby AmFam campus and the brand-new UW Health East Park Medical Center?completed this year?cement the area's appeal. Demand for units like these is strong...Don't miss your opportunity to invest in the #1 Multi-Fam Market in the country!
Full Property Details
Full Property Details for 4414 Dwight Dr
General
- Price: $1,495,000
- Taxes: $23,893 (2023)
- Status: Active
- Type: Apartment
- MLS ID: 1976363
- Updated: 5/30/2024
- Added to Site: 16 day(s) ago
Parking
- Parking Features: 1 Space, Outside
Location
- Municipality: Madison
- County: Dane
- Driving Directions: E Washington East to Independence, Turn North, Property is on Left
School Information
- School District: Madison
- Elementary School: Sandburg
- Middle School: Sherman
- High School: East
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Brick
- Basement Desc.: Full, Poured Concrete
- Year Built: 1969
Unit Information
- Units in Building: 12
Unit 1
- Square Feet: 600
- Bedrooms: 1
Unit 2
- Square Feet: 600
- Bedrooms: 1
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Commercial
Financial Considerations
- Tax Amount: $23,893
- Tax Year: 2023
Listed by Haven Real Estate Partners
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Schools
Schools serving 4414 Dwight Dr
School District:Madison Metropolitan School District
Rating | Name | Grades | Distance |
---|---|---|---|
4114 Donald Dr, Madison, WI 53704 | PK-5 | 0.5 mi | |
1610 Ruskin St, Madison, WI 53704 | 6-8 | 2.7 mi | |
2222 E Washington Ave, Madison, WI 53704 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4414 Dwight Dr
Date
Details
Price
Change
Source
5/16/2024
Listed
$1,495,000
64.83%
MLS
6/25/2018
Sold
$907,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4414 Dwight Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$22,544
11%
$1,312,000
15%
2021
$20,381
-4%
$1,142,000
20%
2021
$21,310
—
$952,000
—
2020
$21,310
4%
$952,000
5%
2019
$20,425
33%
$907,000
32%
2018
$15,344
-3%
$684,800
—
2017
$15,897
-3%
$684,800
—
2016
$16,336
-17%
$684,800
6%
2015
$19,796
33%
$646,000
5%
2014
$14,899
-2%
$615,000
—
2013
$15,223
—
$615,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4414 Dwight Dr
4414 Dwight Drive, Madison, WI 53704 (MLS# 1976363) is a Apartment property with 0 bedrooms and 0 full bathrooms. 4414 Dwight Drive is currently listed for $1,495,000 and was received on May 16, 2024. Want to learn more about 4414 Dwight Drive? Do you have questions about finding other Apartment real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.