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Tim Flores

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

Listed by Madcityhomes.Com • [email protected]

$ 1,171,000

8 Beds

2 Baths

2,246 SqFt

Save

$ 1,171,000

Save

8 Beds

2 Baths

2,246 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 flat-up and down

Listing Status Active

Purchase Type For Rent

Square Footage 2,246 sqft

MLS Listing ID 2032490

Bedrooms 8

Full Baths 2

Year Built 1899

Annual Tax Amount $11,890

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 2 flat-up and down

Property Description

A+ location for this campus investment property! This two-flat is in the heart of downtown Madison. It has two apartments, each with 4 bedrooms and 1 bath and a huge back parking lot. The tenants pay their own electricity and there is substantial income from the separately leased parking spots. $5,615 in rent, $80 in laundry income, and $405 in parking yields a gross annual income of $73,200. This is a solid investment in prime real estate.

Location

State WI

County Dane

Area Madison - C W01

Zoning DR2

Direction West Washington to North Bedford to W Dayton St

Rooms

Basement Partial, Other foundation, Stone

Interior

Heating Forced air

Inclusions 2 refrigerators, 2 ranges, 2 dishwashers

Heat Source Natural Gas

Exterior

Parking Features 2 spaces, Gravel

Utilities Available Separate elec meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl

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

535 W Dayton Street Madison, WI 53703