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Tim Flores

[email protected] +1(608) 387-8518

Listed by Devout Real Estate Group, LLC

$ 640,000

6 Beds

3 Baths

2,560 SqFt

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$ 640,000

Save

6 Beds

3 Baths

2,560 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 story

Listing Status Active

Purchase Type For Rent

Square Footage 2,560 sqft

Subdivision Ellsworth'S

MLS Listing ID 2025858

Bedrooms 6

Full Baths 3

Year Built 1914

Annual Tax Amount $10,367

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 3 story

Property Description

Prime Near East Side 3-unit investment opportunity just steps from Schenk's Corners. Full of character, this well-maintained property features hardwood floors, formal dining rooms in the first and second-floor units, inviting porches, a private third-floor balcony, and three off-street parking spaces. Recent improvements include major electrical updates, vinyl siding, ceiling repairs, deck and porch refinishing, a newer furnace, and updated water heaters. Rented coin-operated laundry provides additional income potential beyond current rents. With strong rental history, desirable unit layouts, and a location tenants love, this is an excellent opportunity to add a turnkey Madison investment property to your portfolio. Separate electric meters, front and rear stairways, and easy access to dining, shopping, parks, and downtown Madison complete the package. Ideal for both investors and owner-occupants looking to offset their mortgage with rental income.

Location

State WI

County Dane

Area Madison - C E05

Zoning TR-V1

Direction E. Washington to Fourth to Winnebago

Rooms

Basement Full, Poured concrete foundatn

Interior

Heating Forced air

Inclusions 3 stoves, 3 refrigerators, 3 water heaters

Heat Source Natural Gas

Exterior

Parking Features 1 space, Outside

Utilities Available Separate elec meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl

Schools

Elementary Schools Lapham/Marquette

Middle Schools Okeeffe

High Schools East

School District Madison

Schools and Properties Nearby

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+1(608) 387-8518

[email protected]

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2069 Winnebago Street Madison, WI 53704