About This Home
This 8-bedroom, 4-bathroom residential multi family at 5830 Balsam Road in Madison, WI is listed for $690,000. Built in 1961, on a 0.28 acres lot.
Key Features
- Built in 1961
- 0.28 acre lot
- 2 stories
Property Details
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..
Monthly Cost Estimate
$3,690/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5830 Balsam Road
Madison, WI 53711
Meadowood
Property Details
Parking
Heating
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 5830 Balsam Road is listed at $690,000. The estimated monthly payment is $3,690 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.28 acre lot, 2 stories.
This property is listed by Iza Korwel and can be reached at 6082925012.
