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Tim Flores

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

Listed by Stark Company, REALTORS • Pref: 608-852-7411

$ 550,000

5 Beds

3 Baths

2,702 SqFt

Save

$ 550,000

Save

5 Beds

3 Baths

2,702 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story,2 flat-up and down

Listing Status Active

Purchase Type For Rent

Square Footage 2,702 sqft

MLS Listing ID 2026949

Bedrooms 5

Full Baths 3

Year Built 1928

Annual Tax Amount $12,244

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Apartment building,2 story,2 flat-up and down

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

Area Madison - C W14

Zoning TR-C3

Direction S Park St to Left on Vilas to Right on S Brooks

Rooms

Basement Full, Full size windows/Exposed, Partially finished

Interior

Heating Radiant

Inclusions 2 Refrigerators, 2 Stoves, 1 Dishwasher, 1 Coin-Op Washer, 1 Coin-Op Dryer

Heat Source Natural Gas

Exterior

Parking Features Outside, Parking fee

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(608) 387-8518

[email protected]

Learn More About LPT Realty

308 S Brooks Street Madison, WI 53715