5830 Balsam Road, Madison, WI 53711

$750,000
  • 5830 Balsam Road, Madison, WI 53711 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#2032345
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMeadowood SCHOOLMadison

Listing Courtesy of: Keller Williams Realty
Agency Contact: Pref: 608-292-5012
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Property Description

Investor opportunity! This well-maintained 4-unit property offers meaningful updates and landlord-friendly features. Recent improvements include new windows (2026), insulated walls and attic (2023), and water heater (2022). Two upper units have been remodeled with updated flooring, and all units feature split-system AC/heat pumps for added year-round comfort. Each unit includes two tandem parking spaces and separately metered electricity, paid by tenants. Owner pays heat and water/sewer; property has its own water softener. Shared basement coin-operated laundry provides convenient tenant access and additional owner income (~$200/mo). Approximately half the basement is secured landlord storage, including a small finished office?can be used for supplies, records, or on-site management. All units rented, two with long term tenants in place. Convenient Madison location near shopping, dining, parks, transit, and commuter routes.

5830 Balsam Road | MLS# 2032345

This multi-family property located at 5830 Balsam Road, Madison, WI 53711 is currently listed for sale with an asking price of $750,000. Balsam Road is located within the Madison school district. Search Madison real estate on www.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: Apartment building, 2 story
Stories: 2.0
Taxes: $9,058
Year Built: 1961

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 777
Unit 4:
Bedrooms: 2
Full Baths: 1
Square Feet: 777

Amenities

Brick

Feature Descriptions

Days on Site: 1
Exterior: Brick
Units: 4
Water/Waste: Municipal water, Municipal sewer

Local Schools

High School: Memorial
Middle School: Toki
Elementary School: Orchard Ridge
School District: Madison

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Contact: Pref: 608-292-5012

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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Estimate Your Payment

Estimated Payment

$ 2,642.76 per month $1,669.17 Principal & Interest $754.83 Property Tax $218.75 Homeowner's Insurance

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