5582 Guilford Road Active

Fitchburg,WI 53711

$ 1550000

12 Beds

6.5 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment building

Listing Status Active

Purchase Type For Rent

MLS Listing ID 1990108

Bedrooms 12

Full Baths 4

Half Baths 5

Year Built 1975

Annual Tax Amount $15,578

Tax Year 2023

Lot Size 0.386 Acres

Acres 0.386

Property Description

Discover a fantastic investment opportunity at 5582 Guilford Rd in Fitchburg, WI! This well-maintained 8-unit apartment building is located in a desirable neighborhood, offering proximity to shopping, dining, and easy access to major highways. The property features spacious units with updated finishes, ensuring high tenant satisfaction. Each unit is very large and includes bonus rooms in the finished basement, along with half bathrooms. With strong rental income potential and professional management already in place, this property is a turn-key investment in a thriving market. Units are currently under market rent, offering opportunities for rent increases. See documents for additional info.

Location

State WI

County Dane

Area Fitchburg - C

Zoning Commercial

Direction North on Yarmouth Greenway Dr, West on Guilford Rd

Rooms

Basement Full

Interior

Heating Radiant

Heat Source Natural Gas

Exterior

Parking Features Carport

Building

Water Municipal water,Municipal sewer

Structure Type Vinyl

Schools

Elementary Schools Leopold

Middle Schools Cherokee Heights

High Schools West

School District Madison

View More
Favorite Go Tour