About 4868-4882 Innovation Drive
This is a fantastic opportunity to buy two newer 2015 custom designed and meticulously built and maintained 4 unit buildings with large townhome units. All 8 townhomes are 3 br / 2.5 ba / 1,850sf and have attached 2 car garages, covered porches, and in-unit laundry. Each townhome has a foyer entry, large living room and kitchen, dining room, and ½ bathroom on the 1st floor with 3 bedrooms, 2 bathrooms, and a laundry room on the 2nd floor. To make a condo conversion easier, all units are separately metered, tenants pay all utilities, and there is a studded air gap between units for an increased sound barrier. These buildings are very easy to lease being across from Conservancy Park with a splash pad and close to walking trails with lots of green space. $17,430/mo in total monthly rents.
Features of 4868-4882 Innovation Drive
| MLS® # | 2011543 |
|---|---|
| Price | $2,775,000 |
| Year Built | 2015 |
| Type | Multi Family |
| Status | Active |
| Detailed Status | Active |
| Net Taxes | $22,740 |
| Tax Year | 2024 |
Community Information
| Address | 4868-4882 Innovation Drive |
|---|---|
| Area | DEFOREST - V |
| City | Deforest |
| County | Dane |
| State | WI |
| Zip Code | 53532 |
Amenities
| Utilities | Separate elec meters, Separate gas meters, Separate water meters |
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Interior
| Heating | Forced air |
|---|
Exterior
| Exterior | Vinyl, Brick |
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School Information
| District | DeForest |
|---|---|
| Elementary | Eagle Point |
| Middle | DeForest |
| High | DeForest |
Additional Information
| Zoning | PUD |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $1,364,500 |
| Year Assessed | 2024 |
Open House Information
Listing Details
| Office | ALTUS Commercial Real Estate, Inc. |
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