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  • $600,000

    5718 Balsam Road, Madison, WI 53711

    8beds
    3,600sqft
    Multi Family, Apartment
    Built in 1962
    -- sqft lot
    $600,200 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Incredible investment opportunity to own a brick 4-unit apartment building on Madison's West side. Owner occupy is also an option. Great floor plans with large kitchens and spacious living areas. All units have been updated in recent years with new bathroom vanities, new flooring, new light fixtures, and new kitchens with newer appliances. Each unit is provided with an off-street parking spot behind building as well as an additional private/secure storage unit in the basement. Separate furnaces and electrical meters for each unit allow for tenants to pay their own heat & electricity. Coin-op washer/dryer for additional monthly income. Secure manager maintenance room with additional storage and work area is another perk of ownership. Expertly managed & well maintained.

    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2025 at 08:06pm

    Listed by:

    Lori Schilling 608-279-4313,

    Sprinkman Real Estate

    Bought with:

    Mark Gladue

    Source: WIREX MLS,MLS#: 1993806MLS LogoOriginating MLS: South Central Wisconsin MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Water Softener
    Features
    • Basement: Full,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: 1 Space, Outside
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 060906202077
    • Zoning: SR-V1
    • Special conditions: Arms Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Separate Electric Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Electric Meters, Separate Gas Meters

    Community & neighborhood

    Location
    • Region: Madison
    • Municipality: Madison
    Services availability
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