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Listed by EXIT Realty HGM
$900,000
Est. payment /mo
8 Beds
3 Baths
2,697 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 flat-up and down
Listing Status Active
Purchase Type For Sale
Square Footage 2,697 sqft
Price per Sqft $333
MLS Listing ID 2023681
Bedrooms 8
Full Baths 3
Year Built 1882
Annual Tax Amount $14,248
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 2 flat-up and down
Property Description
Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.
Location
State WI
County Dane
Area Madison - C E01
Zoning DR1
Direction .
Rooms
Basement Full, Unfinished
Interior
Heating Other
Inclusions All appliances, washing machines, dryers, water heaters, water softeners, window coverings
Heat Source Natural Gas
Exterior
Parking Features Shared
Building
Water Municipal sewer, Municipal water
Structure Type Vinyl
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
NEARBY SCHOOL & BUSINESS
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