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26 Nathans Ln
26 Nathans Ln
$515,000
Nov 16, 2024
Description

This one was worth the wait. One of a kind offering a rare investment opportunity. One of two parcels in Madison designated as "Transitional Zone". Special permit approved to legalize historical use of (3) three-unit dwelling as a Planned Residential Development. This property does not need to be owner occupied. Live in one unit and rent the other two units or rent all three. Does not require owner occupancy for the units to be rented. The main home resting on a gentle knoll is a duplex with separate entrances, electric meters, heating, parking, and mailboxes. Largest unit of the duplex has three bedrooms, one on the first floor and two on the second floor. There is a family room, kitchen, dining room, sitting room with fireplace, and family room on second floor. This unit has natural gas and separate electric meter. The smaller unit in the duplex is a one-bedroom unit, family room with fireplace, eating nook, office, and modest kitchen. It is heated with oil and has separate electric meter. A second meter to transfer to natural gas was installed for future use. The detached red barn is the third unit comprised of one bedroom; family room open to eat-in kitchen area. This unit has separate electric meter, propane and electric baseboard heat. The duplex and red barn have separate septic systems. The septic system was cleaned and inspected in 2022. Property priced to be sold as is. Inspections are for informational purposes only.

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