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$ 1,120,000
Est. payment | /mo
0.37 Acres Lot
$ 1,120,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2025963
Year Built 1973
Annual Tax Amount $16,877
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Property Description
Freedom Park Apartments presents an attractive multifamily investment opportunity on Madison?s growing east side. The property benefits from a highly desirable location just minutes from major retail, dining, and employment amenities, including Aldi, Target, East Towne Mall, Subway, Wendy?s, and numerous other neighborhood conveniences. Each unit features a functional 2-bedroom, 1-bathroom layout with in-unit laundry, an amenity highly valued by tenants that supports strong rental demand and resident retention. The property's proximity to shopping, services, and major transportation corridors positions it well for continued occupancy and long-term income stability. With a combination of practical unit features and a convenient location in one of Madison's established residential corridors, Freedom Park Apartments offers investors a compelling opportunity to acquire a well-located asset with broad tenant appeal.
Location
State WI
County Dane
Zoning SR-V2
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 8 Refrigerators, 8 Stove/Ovens, 8 Dishwashers, 8 Microwaves, 8 Stacked Washer/Dryers
Exterior
Exterior Feature Vinyl, Brick
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Dwelling Type Apartment Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Sandburg
Middle Schools Sherman
High Schools East
School District Madison
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Listed by Patriot Properties