225 Nautilus Drive

Madison, WI 53705

$1,600,000
Price
8
Beds
4
Baths
3,248 Sq. Ft.
$493 / Sq. Ft.
3,248
Sq. Ft.
$493
per Sq. Ft.

Description

Showings begin September 5, 2024. Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers...Showings begin September 5, 2024. Solidly built, brick 8 unit now in an established neighborhood. Each unit includes one space in a detached garage, and storage locker. Each building also features basement laundry area for tenant use. This property has been well-maintained but can use some cosmetic updates. Strong rental history with some room for rent increases. Rents listed are for Units in Building 225. Additional unit rents for Building 229: #1 $1220, Great location close to bus line and employers including Trustage and Exact Sciences.#2 $1225, Unit #3 $1225, Unit #4 $1175. All units are similar in floorplan and condition. Only 1 unit will be available for initial showing.
  1. Listed by Frank Pohlkamp • Assist 2 Sell Homes 4 You Realty
  2. Listed by Melissa Dale • Assist 2 Sell Homes 4 You Realty

Property Details for 225 Nautilus Drive

Zoning
Commercial
LISTING UPDATED: 09/04/2024 09:17 PM

Property Details for 225 Nautilus Drive

StatusActive
MLS #1984907
Days on Market71
Taxes$21,554 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built1965
CountyDane County

Building Information for 225 Nautilus Drive

Building/Complex225 Nautilus DrFloor-Stories-Residences8Pet Policy-Year Built1965Building Size-

Property Information for 225 Nautilus Drive

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: West Metro Madison
  • Directions: From HWY 14, exit onto Mineral Point Rd heading East. Turn left on Nautilus Drive and the property will be on your right.
  • Location: MADISON - C W06
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53705
Parking
  • Park/Unit: Detached
  • Parking Spaces Outside: 8
  • Parking Stalls Inside: 8
School Information
  • Elementary: Muir
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $21,554.00
  • Parcel ID: 0708-244-1306-0
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 1052000
  • Land Assess: $132,000.00
  • Legal Documents: Condition report on file, Income/Exp Report Avail
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - DSL
  • Total Assess: $1,184,000.00
  • Total Assess Year: 2023
  • Type: Apartment building
  • Year Built: 1965
Lot Information
  • Estimated Total Acres: 0.62
  • Source of Est. Acres: Assessor
  • Source of Year Built: Other
Utilities
  • Utilities: Separate elec meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Items Included: Refrigerator (8), range/oven (8), washer (2), dryer (2).
  • Items Excluded: Seller and tenants' personal property.
  • Number of Dish Washers: 0
  • Number of Dryers: 2
  • Number of Furnaces: 2
  • Number of Stoves: 8
  • Number of Refrigerators: 8
  • Number of Washers: 2
  • Number of Water Heaters: 4
  • Number of Water Softeners: 2
  • Basement: Poured concrete foundatn
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 8
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 8
Income & Expenses Information
  • Net Operating Income: $64,600
  • Net Operating Income Year: 2023
  • Total Expenses: $45,900
  • Total Income: $110,500
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Range/oven,Refrigerator,Individual heat control,Separate Storage Unit Inc
  • U1 Parking: 1 Car Garage
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 812
  • 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: 12x10
  • Unit 1 Dining Area Dimensions: 8x8
  • Unit 1 Kitchen Dimensions: 10x8
  • Unit 1 Living/Great Room Dimensions: 17x13
  • Unit 1 Primary BedRoom Dimensions: 13x10
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Range/oven,Refrigerator,Separate Storage Unit Inc,Individual heat control
  • U2 Parking: 1 Car Garage
  • Unit 2 Bedroom 2 Level: M
  • Unit 2 Dining Area Level: M
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Bedroom 2 Dimensions: 12x10
  • Unit 2 Dining Area Dimensions: 8x8
  • Unit 2 Kitchen Dimensions: 10x8
  • Unit 2 Living/Great Rm Dimensions: 17x13
  • Unit 2 Primary BedRm Dimensions: 13x10
  • U2 Number of Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 812
Unit 3
  • Unit 3: Range/oven,Refrigerator,Separate Storage Unit Inc,Individual heat control
  • U3 Parking: 1 Car Garage
  • U3 Number of Bedrooms: 2
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 812
  • U3 Landlord Pays Heat: Yes
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: Yes
Unit 4
  • Unit 4: Range/oven,Refrigerator,Separate Storage Unit Inc,Individual heat control
  • U4 Half Baths: 0
  • U4 Parking: 1 Car Garage
  • U4 Number of Bedrooms: 2
  • U4 Full Baths: 1
  • U4 Landlord Pays Heat: Yes
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Water/Sewer: Yes
  • U4 SqFt: 812

Property History for 225 Nautilus Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 225 Nautilus Drive

Taxable ValueLand$132,000Additions$1,052,000Total$1,184,000
Tax Record2022$19,810 ($1,651 / month)
Home Facts
Total Finished SqFt3,675 SqFtAbove Grade Finished SqFt3,675 SqFtStories2Lot Size26,799 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningSR-V1CountyDANEAPN0708-244-1306-0

Schools near 225 Nautilus Drive

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Muir Elementary School
PublicPK to 5

Spring Harbor Middle School
Public6 to 8

Memorial High School
Public9 to 12

Jefferson Middle School
Public6 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.

Similar Homes

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225 Nautilus Drive is a multi-family home for sale in Madison, WI 53705. This property was listed for sale on August 30, 2024 by Assist 2 Sell Homes 4 You Realty, it's currently listed at $1,600,000. It has been on the market for a total of 71 days and was last sold on September 30, 2014. This listing's school district is Madison Metropolitan School District. Nearby schools include Muir Elementary School, Spring Harbor Middle School and Memorial High School. 225 Nautilus Drive is a 8-bed, 4-bath, 3,248 sqft multi-family home built in 1965.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Assist 2 Sell Homes 4 You Realty

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 09/04/2024 09:17 PM 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