Property ID : Madison1830
Sold Comp $279,000.00 - Apartment Building, Townhouse
These Huge 1,000 sq.ft. Apartments are full of natural sunlight and feature 10′ high ceilings, marble fireplace mantels, renovated and updated with separate 90+ gas furnace with Central Air and separate electric water heater. The kitchens have ceramic tile floors, built-in microwave oven, gas or electric stove and a refrigerator. Bathrooms are updated and modernized with ceramic tile floors and modern vanities. Each apartment has its own washer and dryer in the unit.
All three apartments are rented to stable tenants, each of whom is a Voucher recipient. The first floor tenant keeps the halls clean, cleans the sidewalks, takes out the trash, and also shovels the snow.
Electric was updated with 400 Amps of power coming into the building with all new wiring and circuit breaker panel boxes. In 2010, a new rubberoid roof was installed with a 10-year warranty.
This property is located on a section of Madison Avenue that is blocked to through traffic. From Eutaw Place, turn onto Robert Street. The property is at the next corner. Being a non-through street, the street is quiet with 53% of the properties on this block being owner-occupied. Across the Street is the historic and iconic Berea Temple SDA Church.