124 N Franklin Street, Madison, WI 53703

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Listing courtesy of EXIT Realty HGM.

List Price
$900,000
MLS#
2023681
Year Built
1882
County
Dane
Municipality
Madison
Acres
0.08

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.

Additional Information

TotalTaxes
$14,248
Basement
Full
Exterior
Vinyl
School District
Madison
Elementary School
Lapham/Marquette
Middle School
Okeeffe
High School
East
Courtesy Of
EXIT Realty HGM
Data Source
WIREX_SCW

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