1220-1248 Prospect Common, Sun Prairie, WI 53718
BD: 0
BA: 2
$2,975,000
Offer-Show

1220-1248 Prospect Common, Sun Prairie, WI 53718

$2,975,000

$2,975,000

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Features

  • Residential Income
  • Status: Offer-Show
  • County: Dane
  • 0 Full Bathrooms
  • 0 Half Bathrooms
  • Acreage: 0.57
  • Elementary School: Horizon
  • Middle School: Prairie View
  • High School: Sun Prairie West
  • Property Taxes: $28,835
  • Property Tax Year: 2022
  • MLS#: 1974742
  • Listing Company: Assist 2 Sell Homes 4 You Realty
  • Zip Code: 53718
  • Number of Units: 8
  • Unit Type 1 Avg Rent: $1,925
  • Unit 1 Parking: 2 Car Garage
  • Unit Type 2 Avg Rent: $2,000
  • Unit 2 Parking: 2 Car Garage
  • Unit Type 3 Avg Rent: $2,150
  • Unit 3 Parking: 2 Car Garage
  • Unit Type 4 Avg Rent: $1,925
  • Unit 4 Parking: 2 Car Garage

Property Description

1220-1248 Prospect Common, Sun Prairie, WI 53718 - This property provides a rare opportunity for an investor or developer. Each unit is spacious and includes private entry, private garage and finished basement. Buyer can opt to hold this as income property or may be able to potentially sell the units as individual condos. All units are individually metered and have been impeccably maintained w/many updates. See list of improvements. Lease end dates for additional units: 1236-5/24 ($1925), 1240-7/24 ($1925), 1244-6/25 ($2025). 1248 is owner-occupied (rent est. $2200). Units are considered to be identical floor plan and square footage is estimated at 2330 per unit. Other units in the area are renting as high as $2,200. Square footage estimated and should be verified by buyer if essential.

  • Additional features

    Basement

    • Full, Partially finished, Poured concrete foundatn

    Interior Features

    • Water Waste: Municipal sewer, Municipal water
    • Inclusions: Refrigerator (8), Range/oven (8), Washer (8), Dryer (8), Water Softener (8).

    Building and Construction

    • 2 story, Apartment building, Townhouse style units
    • Construction Type: E

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    1975226 Offer-Show Active May 1 2024 4:47PM 28
    1975226 Active Apr 18 2024 3:48PM $2,975,000 28
    1974742 Active Delayed Apr 12 2024 3:46PM 27
    1974742 Delayed Apr 12 2024 2:46AM $2,975,000 27
  • Schools
  • Demographics
  • Market Conditions

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report