2330 Allied DrMadison, WI 53711

Property Details for 2330 Allied Dr

Property type

Residential income properties

Property subtype

Retirement homes

Description

This exceptional investment opportunity presents eight condo units within a single building located at 2330 Allied Dr, Madison, WI 53711. The entire building, comprised of these eight units, is available for purchase at an asking price of $850,000. Alternatively, individual units can be purchased separately, offering flexibility for investors. The property is classified as multifamily and senior living, making it suitable for a diverse range of tenants. The building is owned by a condo association, and condo fees are incorporated into the rental payments. This is a prime location in Madison, Wisconsin, the state's capital, known for its beautiful lakes, extensive trail systems, and vibrant gardens. The property benefits from its proximity to popular destinations such as Wisconsin Dells (54.2 miles), Milwaukee (79.4 miles), and Green Bay (136 miles), enhancing its appeal to both residents and tourists. This presents a unique opportunity to acquire a well-situated multifamily property in a thriving Wisconsin market. The property's strong location and potential for diverse rental income make it an attractive investment prospect. The individual unit sales option provides additional flexibility and potential for phased investment strategies.

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0274

Longitude

-89.4601

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