510 West Lakeside Street

Madison, WI 53715

$415,000
Price
3
Beds
2
Baths
1,408 Sq. Ft.
$295 / Sq. Ft.
1,408
Sq. Ft.
$295
per Sq. Ft.

Description

Prime investment opportunity or perfect for owner occupancy! This charming 2-unit property features a 2-bedroom main floor unit and a 1-bedroom upper-level unit, ideally located just steps from Monona Bay with captivating Capitol and bay views from the second unit's sunroom. Recently updated with quality flooring, and meticulously maintained, this property offers both comfort and potential income. Conveniently located close to some of the city's best parks, with easy access to downtown and campus,...Prime investment opportunity or perfect for owner occupancy! This charming 2-unit property features a 2-bedroom main floor unit and a 1-bedroom upper-level unit, ideally located just steps from Monona Bay with captivating Capitol and bay views from the second unit's sunroom. Recently updated with quality flooring, and meticulously maintained, this property offers both comfort and potential income. Conveniently located close to some of the city's best parks, with easy access to downtown and campus, don't miss out on this rare chance to own a versatile property in a desirable location!
  1. Listed by Evan Braun • Stark Company, REALTORS • Off: 608-256-9011
  2. Listed by Chris Stark • Stark Company, REALTORS

Property Details for 510 West Lakeside Street

Subdivision
Bay Creek
Waterfront
Waterview-No frontage
Zoning
TR-C2

Location

Listing Courtesy of Stark Company, REALTORS
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LISTING UPDATED: 04/27/2024 01:31 AM

Property Details for 510 West Lakeside Street

StatusOffer - No Show
MLS #1975108
Days on Market7
Taxes$7,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built1912
Lot Size0.12 AC / 5,227 SF
CountyDane County

Location

Listing Courtesy of Stark Company, REALTORS
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Building Information for 510 West Lakeside Street

Stories-Residences2Year Built1912Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,898 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,265

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 510 West Lakeside Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: John Nolen to west on Lakeside St., just past Gilson.
  • Location: MADISON - C W14
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53715
Parking
  • Park/Unit: 2 spaces, Outside
  • Parking Spaces Outside: 2
  • Parking Stalls Inside: 0
School Information
  • Elementary: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $7,596.00
  • Parcel ID: 0709-261-1820-3
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 265900
  • Land Assess: $93,300.00
  • Legal Documents: Lease(s) on file
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable
  • Total Assess: $359,200.00
  • Total Assess Year: 2023
  • Type: 2 story, 2 flat-up and down
  • Year Built: 1912
Lot Information
  • Estimated Total Acres: 0.12
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters, Separate gas meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
Interior Features
  • Number of Dish Washers: 2
  • Number of Dryers: 1
  • Number of Furnaces: 1
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 1
  • Number of Water Heaters: 1
  • Number of Water Softeners: 1
  • Barrier-free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Basement: Full, Walkout to yard, Other foundation
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 1
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 2
Income & Expenses Information
  • Total Income: $36,300
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Wood or sim. wood floor,Shared basement
  • U1 Parking: 1 Space
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 704
  • Unit 1 Dining Area Level: M
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Bedroom 2 Level: M
  • Unit 1 Bedroom 2 Dimensions: 9x9
  • Unit 1 Dining Area Dimensions: 11x7
  • Unit 1 Kitchen Dimensions: 12x10
  • Unit 1 Living/Great Room Dimensions: 18x12
  • Unit 1 Primary BedRoom Dimensions: 12x10
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Eat-in kitchen,Den/office,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Pantry,Shared basement
  • U2 Parking: 1 Space
  • Unit 2 Kitchen Level: U
  • Unit 2 Living/Great Rm Level: U
  • Unit 2 Primary BedRm Level: U
  • Unit 2 Other Room 2 Level: U
  • Unit 2 Other Room Level: U
  • Unit 2 Kitchen Dimensions: 12x12
  • Unit 2 Living/Great Rm Dimensions: 12x10
  • Unit 2 Primary BedRm Dimensions: 12x9
  • Unit 2 Other Room 2 Dimensions: 12x7
  • Unit 2 Other Room Dimensions: 18x9
  • Unit 2 Other Room: Three-Season
  • Unit 2 Other Room 2: Den/Office
  • U2 Number of Bedrooms: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 704

Property History for 510 West Lakeside Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 510 West Lakeside Street

Taxable ValueLand$86,400Additions$246,200Total$332,600
Tax Record2021$6,416 ($535 / month)
Home Facts
Baths2Total Finished SqFt1,408 SqFtAbove Grade Finished SqFt1,408 SqFtStories2Lot Size5,400 SqFtStyleDuplexYear Built1912Year Renovated1974ZoningTR-C2CountyDANEAPN0709-261-1820-3

Schools near 510 West Lakeside Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Franklin Elementary School
PublicPK to 2

Hamilton Middle School
Public6 to 8

West High School
Public9 to 12

James Wright Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stark Company, REALTORS

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/27/2024 01:31 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved