Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
Madison, WI 53711,5826 Balsam Road
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Listed by Lori Schilling • Sprinkman Real Estate
$ 689,000
Est. payment | /mo

0.37 Acres Lot


Save
$ 689,000
Est. payment | /mo
Save

0.37 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Municipality MADISON

MLS Listing ID 2011440

Year Built 1959

Annual Tax Amount $9,299

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Property Description

Fantastic investment opportunity on Madison?s west side! This well-maintained 5-unit property at 5826 Balsam Rd offers a strong rental history and excellent cash flow potential. Each spacious unit features functional layouts, kitchens and baths, and off-street parking. Tenants enjoy convenient access to parks, shopping, dining, and bus routes?making it an easy property to keep fully leased. On-site laundry and separate utilities enhance tenant appeal and owner convenience. Whether you?re expanding your portfolio or seeking a solid first investment, this turnkey multi-family property is a smart buy in a prime location! All new 5th unit is a bonus!

Location

State WI

County Dane

Zoning SR-V1

Rooms

Basement Full, Block

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions (5) of each: ovens/ranges, fridges, wall mounted a/c units. One coin-op washing machine and one coin-op dryer.

Exterior

Exterior Feature Brick, Stone

Utilities Available Separate Electric Meters, Separate Gas Meters

Building

Dwelling Type Apartment Building,2 Story

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Orchard Ridge

Middle Schools Toki

High Schools Memorial

School District Madison

Adam Hexum

“I can't wait to work with you!"

+1(715) 558-3085

adam@wdevrealty.com

15563 Railroad Street, Hayward, WI, 54843

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5826 Balsam Road