Listing courtesy of Madcityhomes.Com.
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.
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