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$ 975,000
Est. payment | /mo
4,356 Sqft Lot
$ 975,000
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2032800
Year Built 1882
Annual Tax Amount $12,936
Tax Year 2026
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual income of $81,422 with leases in place through August 14, 2027. Historic 1882 property features hardwood floors and ornate woodwork along with recent improvements including exterior painting (2026), new furnace (2025), EPDM roof and railing above garage (2024), partial roof shingle replacements and coin-operated dryer. Legacy property held by current ownership for 18 years.
Location
State WI
County Dane
Zoning DR1-HIS-MH
Rooms
Basement Full
Interior
Interior Features Water Softener
Heating Natural Gas
Cooling Forced Air
Inclusions All existing appliances, including coin-operated dryer.
Exterior
Exterior Feature Wood
Parking Features 2 Car, Attached
Garage Spaces 2.0
Building
Dwelling Type Apartment Building,2 Story
Story 1 - 2
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 Cresa