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1220-1248 Prospect Common Sun Prairie, WI $ 2,975,000
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1220-1248 Prospect Common
$ 2,975,000
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1220-1248 Prospect Common

Sun Prairie, WI, 53718
$ 2,975,000
Bedrooms12 Baths8.8 Sq 9,320

Monthly Estimate*

$ 20,781

Listed by Assist 2 Sell Homes 4 You Realty
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Multi-Family Home for sale in Sun Prairie, WI

for $2,975,000 with 12 bedrooms and 8 full baths, 8 half baths. This 9,320 square foot home was built in 2007 on a lot size of 0.57.

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.

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Multi-Family Active

Price

$ 2,975,000

Bedrooms

12

Full Bath

8

Half Bath

8

Property Type

Multi-Family

Taxes

$ 28,835

Style

Lot Size

0.57

Year Built

2007

Town/City

Sun Prairie

County/Region

Dane

MLS | Web ID

1974742
Features
Interior
Heating Type Forced air
Basement Full Partially finished Poured concrete foundatn
Total Number of Units 8
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General
Total Expenses 69361
Heating Natural Gas
Utilities Separate elec meters Separate gas meters Separate water meters
Zoning Res Income
School District Sun Prairie
County Dane
Miscellaneous Close to bus line Water Softener Owned Internet - Cable
Class Multi Family
Net Income 113894
Tax Year 2022
Status Active
Year Built 2007
Directions From U.S. 151 exit north on Reiner Rd. Turn left on Prairie Lakes Dr. and continue straight onto Triumph Dr. Turn left onto Prospect Commons.
High School Sun Prairie West
City Sun Prairie
Street Name Prospect
Elementary School Horizon
Middle School Prairie View
DOM 14
Open House Date No
County Qtr Section Dane NE
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Exterior
Exterior Vinyl Brick Fiber Cement
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* Excluded Features
List By
Assist 2 Sell Homes 4 You Realty

Broker

(608) 225-5954

Phone

fpohlkamp@gmail.com

Email

Affordability Calculator

$23,184
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,781
Monthly Property Taxes
$2,403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1832278 Elementary School
1568180 Middle School
Sun Prairie West High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/12/2024$2,975,000 Listed Price

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1220-1248 Prospect Common, Sun Prairie, WI, 53718 is a Multi-Family Home for sale at $2,975,000 with 9,320 sqft and a lot size of 0.57. 1220-1248 Prospect Common has 12 bedrooms, 8.8 baths, and was built in 2007. The property's zip code is 53718 which is in Sun Prairie, WI

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