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$ 600,000
Est. payment | /mo
4,356 Sqft Lot
$ 600,000
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ellsworth'S
MLS Listing ID 2025858
Year Built 1914
Annual Tax Amount $10,367
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Prime Near East Side 3-unit investment opportunity just steps from Schenk?s Corners. This well-maintained property offers character, strong rental history, and highly desirable layouts, with hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Major improvements include electrical updates, a new roof, vinyl siding, refinished decks and porches, a newer furnace, and updated water heaters. Separate electric meters and front and rear stairways add convenience, while rented coin-operated laundry provides additional income beyond current rents. Located near dining, shopping, parks, and downtown Madison, this is a solid opportunity for investors looking to add a turnkey property to their portfolio or an owner-occupant looking to offset their mortgage with rental income.
Location
State WI
County Dane
Zoning TR-V1
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 3 stoves, 3 refrigerators, 3 water heaters
Exterior
Exterior Feature Vinyl
Utilities Available Separate Electric Meters
Building
Dwelling Type 3+ Story
Story 3 - 4
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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Listed by Devout Real Estate Group, LLC
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