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Additional details
Listed by Stark Company, REALTORS
$695,000
Est. payment /mo
9,452 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Municipality MADISON
Subdivision Curtis Replat
MLS Listing ID 1997684
Year Built 1925
Annual Tax Amount $7,883
Tax Year 2024
Lot Size 9,452 Sqft
Property Description
Excellent 5-unit on Madison's east side with immediate access to bus lines, healthcare, and a vibrant, walkable neighborhood full of coffee shops, bars, and restaurants. Market rents total $68,880, plus laundry and parking income push gross potential over $71,000. Priced under a 9.8 GRM (Gross Rent Multiple) in a market where 10?12 is the norm, this property offers strong cash flow and value. The site is the largest residential lot on the block, just one parcel off E Washington Ave - an ideal set up for future redevelopment potential.
Location
State WI
County Dane
Zoning TR-C4
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 5 Range/ovens, 5 refrigerators, 1 washer, 1 dryer.
Exterior
Parking Features 2 Car, Detached
Garage Spaces 2.0
Utilities Available Separate Electric Meters
Building
Dwelling Type 2 Story,2 Flat Up and Down
Sewer Municipal Water, Municipal Sewer
Structure Type Stucco
New Construction N
Schools
Elementary Schools Emerson
Middle Schools Sherman
High Schools East
School District Madison
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