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5830 Balsam Road Madison, WI 53711 Multi Unit - Multiple Active

New - 34 Hours Ago
  • 5830 Balsam Road, Madison, WI 53711 Main Photo

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Description

Investor opportunity! This well-maintained 4-unit property offers meaningful updates and landlord-friendly features. Recent improvements include new windows (2026), insulated walls and attic (2023), and water heater (2022). Two upper units have been remodeled with updated flooring, and all units feature split-system AC/heat pumps for added year-round comfort. Each unit includes two tandem parking spaces and separately metered electricity, paid by tenants. Owner pays heat and water/sewer; property has its own water softener. Shared basement coin-operated laundry provides convenient tenant access and additional owner income (~$200/mo). Approximately half the basement is secured landlord storage, including a small finished office?can be used for supplies, records, or on-site management. All units rented, two with long term tenants in place. Convenient Madison location near shopping, dining, parks, transit, and commuter routes.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: Memorial
Subdivision: Meadowood
Listed By:
Keller Williams Realty Pref: 608-292-5012
SCWMLS

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 4:
Bedrooms: 2
Full Baths: 1
Square Feet: 777
$750,000
Est. $5,055/mo

Listing Courtesy of: Keller Williams Realty
Agency Contact: Pref: 608-292-5012
IDX logo


New to the Market Active
BEDS0 BATHS MLS#2032345
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMeadowood SCHOOLMadison

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Ruhl&Ruhl Realtors
563.441.1776

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5830 Balsam Road, Madison, WI 53711.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $750,000$750,000$750,000
Down Payment $150,000$26,250$187,500
Monthly Mortgage Amount $3,792$4,655$4,709
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $5,055$6,248$5,972

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