Elliot Mueller
BEDS0
BATHS
MLS#2023681
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison
Listing Courtesy of:
EXIT Realty HGM
Agency Phone: 608-563-2272
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.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: 2 flat-up and down
Taxes: $14,248
Year Built: 1882
Units
Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 2 Space
Square Feet: 1110
Unit 2:
Bedrooms: 5
Full Baths: 2
Parking Description: 2 Space
Square Feet: 1587
Amenities
Vinyl
Feature Descriptions
Exterior: Vinyl
Units: 2
Water/Waste: Municipal water, Municipal sewer
Local Schools
High School: East
Middle School: OKeeffe
Elementary School: Lapham/Marquette
School District: Madison
Listed By / Shown By
Listed By
Agency Name: EXIT Realty HGM
Agency Phone: 608-563-2272
Shown By
Agent Name: Elliot Mueller
Agent Phone: (608) 598-7158
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 6,222.44 per month $4,772.60 Principal & Interest $1,187.33 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
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124 N Franklin Street | MLS# 2023681
This multi-family property located at 124 N Franklin Street, Madison, WI 53703 is currently listed for sale with an asking price of $900,000. N Franklin Street is located within the Madison school district. Search Madison real estate on emueller.starkhomes.com today.