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$ 1,200,000
Est. payment | /mo
0.37 Acres Lot
$ 1,200,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2029254
Year Built 1967
Annual Tax Amount $14,383
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Property Description
Freedom Park Apartments presents an excellent opportunity to acquire an eight-unit multifamily property in one of Madison's established East side neighborhoods. Conveniently located near major employers, shopping, dining, parks, and key transportation routes, the property is well positioned to attract and retain long-term tenants. The community features eight spacious 2-bedroom, 1-bathroom apartments with practical layouts designed to appeal to a broad tenant base, including professionals, roommates, couples, and small families. The desirable unit mix and strong location support consistent rental demand and long-term occupancy. Offering a combination of stable income potential, broad tenant appeal, and a sought-after location, Freedom Park Apartments is an attractive investment opportunity for buyers seeking dependable cash flow and long-term appreciation in Madison's competitive rental market.
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
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