586 N Westmount Drive, Sun Prairie, WI 53590
586 N Westmount Drive, Sun Prairie, WI 53590
586 N Westmount Drive, Sun Prairie, WI 53590
586 N Westmount Drive, Sun Prairie, WI 53590
586 N Westmount Drive, Sun Prairie, WI 53590
586 N Westmount Drive, Sun Prairie, WI 53590
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$ 895,000
Est. payment | /mo

0.39 Acres Lot


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$ 895,000
Est. payment | /mo
Save

0.39 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Wyndham Hills

MLS Listing ID 2035236

Year Built 2000

Annual Tax Amount $14,512

Tax Year 2025

Lot Size 0.390 Acres

Acres 0.39

Property Description

Excellent investment opportunity in one of Sun Prairie?s most desirable areas! Built in 2000 and tucked into a quiet residential setting with quick access to shopping, dining, parks, schools and all of Sun Prairie?s amenities. Each of the four oversized units features 2 bedrooms and 2 full bathrooms, a spacious kitchen, generous living areas, in-unit washer and dryer, and a private garage. Well-designed floor plans and strong rental appeal make this an attractive long-term investment, with market rents estimated at $1,750+/month per unit. At market rents, the property offers an attractive gross rent multiplier ( 10.5 GMR)and is being offered below several recent comparable multifamily sales, creating a compelling basis for both current income and long-term appreciation. Seller is selling as part of a 1031 Exchange.

Location

State WI

County Dane

Zoning Commercial

Rooms

Basement None / Slab, Poured Concrete

Interior

Heating Electric

Cooling Radiant/Electric

Inclusions 4 Range/ovens, 4 refrigerators, 4 dishwashers, 4 microwaves, 4 washers, 4 dryers, 4 wall AC units, 1 water softener

Exterior

Exterior Feature Vinyl, Brick

Parking Features 1 Car, Attached

Garage Spaces 1.0

Utilities Available Separate Electric Meters

Building

Dwelling Type 2 Flat Up and Down

Story 1 - 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Horizon

Middle Schools Prairie View

High Schools Sun Prairie West

School District Sun Prairie

Listed by Stark Company, REALTORS

GET MORE INFORMATION

Mark Gladue
Mark Gladue

Broker Associate License ID: 56190-90

+1(608) 658-0467 | mark@gladuestoppedby.com

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586 N Westmount Drive