26 Northridge Terrace Madison, WI 53704

This fully leased 4-unit apartment building offers steady cash flow and well-maintained living spaces. Built in 1986, each of the four 2-bedroom, 1-bath units features a private 1-car garage and separate utility metering. The property is subject to an affordability covenant requiring all units be rented to low- to moderate-income households at or below 80% of area income limits, based on HUD's Small Area Fair Market Rent (SAFMR) guidelines for Dane County, effective through September 2028. Heat pumps installed – Sep 2023, All refrigerators replaced – Jun 2022, New water softener – May 2022, Energy efficiency improvements – October 2022: Blower door test, Attic air sealing & additional insulation, Bathroom vent fans replaced