401 W Main Street

Madison,WI 53703

$ 879000

9 Beds

3 Baths

3060 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Offer Show

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $287

MLS Listing ID 1988164

Bedrooms 9

Full Baths 3

Year Built 1899

Annual Tax Amount $11,519

Tax Year 2023

Lot Size 2,178 Sqft

Acres 0.05

Property Description

3 unit rental property located downtown on the corner of S. Broom St. & W. Main St. just 3 blocks from the Capitol & Lake Mendota. All three units are 3 bedrooms with 1 full bath and central AC. Fully leased for the 2024-2025 & 2025-2026 rental season (with slight rent increases). New roof in 2017 per city assessor, washer/dryer onsite, all tenants pay gas & electric. Great location, easy to rent, reliable rental history and walking distance to UW.

Location

State WI

County Dane

Area Madison - C W01

Zoning DR2

Direction W. Washington Ave., to S. Broom St., to W. Main St.

Rooms

Basement Full,Walkout to yard

Interior

Heating Forced air

Inclusions 3 water heaters, 3 furnaces, 1 washer, 1 dryer,

Heat Source Natural Gas

Exterior

Garage None

Utilities Available Separate elec meters,Separate gas meters

Building

Water Municipal water,Municipal sewer

Structure Type Vinyl,Aluminum/Steel

Schools

Elementary Schools Franklin/Randall

Middle Schools Hamilton

High Schools West

School District Madison

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