Listing Provided Courtesy Of:
The Hub Realty
Address
3040-3046 Commercial Ave Madison, WI
Price
$ 910,000
Property Attributes
  • MLS#1888805
  • TypeMulti-Family
  • CountyDANE
  • CityMadison
  • AreaMADISON - C E04
  • Zip53704
  • Style
  • Year Built1925
  • Taxes10884
  • Price$ 910,000
  • Bedrooms7
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2765
  • Lot Size2.25 Acres
Listing Provided Courtesy Of:
The Hub Realty
Property Description

Rare, FULLY APPROVED, turn-key new development opportunity on Madison’s near east side in an existing opportunity zone. Own ~2 acres, 2 existing remodeled homes AND full city/neighborhood approval for an incremental 24 units on site. Price includes all land, both remodeled homes, all city/neighborhood approvals, in-place architect, all drawings, GC (if desired) & a building permit waiting at the City office. The deal is packaged & ready to go for a buyer/developer that wants to skip the city/neighborhood approval process & hit the ground running in a popular & fast growing east side neighborhood. Also listed as 2 single family homes (MLS 1888803 & MLS 1888804), business/commercial (MLS 1888807), and lots/acreage (MLS 1888806). Two parcels included in sale (081032312035 & 081032312027)

Elementary School Middle School High School
Emerson Elementary School Sherman Middle School East High School
Price History
7/28/2020 Listed $910,000

General Features

Class Multi Family
Directions East on E. Washington, Left on McCormick Ave, Right on Commercial Ave
Heating Propane
Open House Date No
School District Madison
Street Name Commercial Ave
Tax Year 2019
Year Built 1925
Zoning SR-V2

Interior Features

Basement Full, Walkout to yard
Heating Type Radiant
Photo Count 36
Total Number of Units 2
Utilities Separate elec meters, Separate gas meters, Separate water meters

Exterior Features

Latitude 43.107469
Longitude -89.3408976455078
Exterior Vinyl

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 53704

Price
AVG $380K
$910K
Taxes
AVG $6,267
$10,884
Visits
AVG 24
35
Year Built
AVG 1937
1925
Walkscore
AVG 61
68
Data Provided by Walkscore ® not using MLS data

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