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$ 1,171,000
Est. payment | /mo
4,791 Sqft Lot
$ 1,171,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2032490
Year Built 1899
Annual Tax Amount $11,890
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Description
A+ location for this campus investment property! This two-flat is in the heart of downtown Madison. It has two apartments, each with 4 bedrooms and 1 bath and a huge back parking lot. The tenants pay their own electricity and there is substantial income from the separately leased parking spots. $5,615 in rent, $80 in laundry income, and $405 in parking yields a gross annual income of $73,200. This is a solid investment in prime real estate.
Location
State WI
County Dane
Zoning DR2
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 2 refrigerators, 2 ranges, 2 dishwashers
Exterior
Exterior Feature Vinyl
Utilities Available Separate Electric Meters
Building
Dwelling Type 2 Flat Up and Down
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Franklin/Randall
Middle Schools Hamilton
High Schools West
School District Madison
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