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$ 550,000
Est. payment | /mo
6,098 Sqft Lot
$ 550,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2026949
Year Built 1928
Annual Tax Amount $12,244
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Back with improved price...now is the time to see it in person! This fully leased 2-unit investment presents an outstanding opportunity in one of Madison's most sought-after rental corridors. Just blocks from downtown, UW?Madison, and major hospitals, this property benefits from consistent tenant demand and a proven rental history. Both units are leased, providing immediate cash flow, while the 9 rentable parking spaces and coin-op laundry give additional income, too! Prime location supports long-term demand from students, medical professionals, and downtown commuters. Ideal for investors seeking stable cash flow with built-in growth opportunities! This is a rare chance to acquire a well-located asset with stable income today and room for increased returns tomorrow.
Location
State WI
County Dane
Zoning TR-C3
Rooms
Basement Full, Exposed, Full Size Windows, Partially Finished
Interior
Interior Features Water Softener
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer
Exterior
Exterior Feature Brick
Building
Dwelling Type Apartment Building,2 Story,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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Listed by Stark Company, REALTORS