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$ 624,500
Est. payment | /mo
9,583 Sqft Lot
$ 624,500
Est. payment | /mo
9,583 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2032720
Year Built 1977
Annual Tax Amount $9,670
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Description
A compelling investment opportunity on Madison's east side! This four-unit property combines established rental income, spacious layouts and a convenient location. Each unit includes 2 bedrooms, 1 full bath and approximately 1,000 square feet of living space, creating comfortable, functional homes for tenants. Additional highlights include individual electric meters, air conditioning in all four units, garage and off-street parking, plus a finished basement with exposed windows. Conveniently located near public transportation, shopping, dining and the East Washington Avenue corridor, the property provides easy access to everyday amenities. An appealing opportunity to expand your investment portfolio with a well-positioned multifamily property in an established Madison neighborhood.
Location
State WI
County Dane
Zoning R4
Rooms
Basement Exposed, Full Size Windows, Finished
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 4 Ranges/ovens, 4 Refrigerators
Exterior
Exterior Feature Aluminum/Steel
Utilities Available Separate Electric 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 Sprinkman Real Estate