203-207 S Henry Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
$ 1547000
5 Beds
4 Baths
0 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment building,2 flat-up and down
Listing Status Active
Purchase Type For Rent
MLS Listing ID 2004552
Bedrooms 5
Full Baths 4
Year Built 1899
Annual Tax Amount $19,129
Tax Year 2024
Lot Size 6,677 Sqft
Acres 0.1533
Property Sub-Type Apartment building,2 flat-up and down
Property Description
This is a once in a decade opportunity to own two adjacent properties producing nearly $150K in current gross income just steps from the capitol square. Total of two buildings/parcels, nine units, nine parking spaces!!!! and, for being over 100 years old...in great shape!!!! Many updates throughout. Owner managed and on a block that has been completely transformed over the last 5 years. One parking space/unit is unheard of in this area, but included in this sale. Current rent roll is $145K gross with market at ~$171K. This location + accessible parking + properly maintained through time makes this an ideal next investment for all that have an interest in investing in the steady growth of Madison!
Location
State WI
County Dane
Area Madison - C W01
Zoning UMX
Direction Right on S Henry
Rooms
Basement Full
Interior
Heating Radiant
Inclusions Seller owned, on site, appliances, HVAC, water heater(s), water softeners(s) used for the daily operation of the Property
Heat Source Natural Gas
Exterior
Parking Features 1 space,Outside
Utilities Available Separate elec meters
Building
Water Municipal water,Municipal sewer
Structure Type Vinyl,Wood,Brick
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Madison
Others
Virtual Tour https://app.stepinsidemedia.com/sites/xagppvp/unbranded