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Additional details
Listed by Madison Property Management, Inc.
$1,457,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality MADISON
MLS Listing ID 2002204
Year Built 1880
Annual Tax Amount $17,664
Tax Year 2024
Lot Size 8,712 Sqft
Property Description
Downtown 5 unit rental (2 buildings) with 10 parking stalls located just 5 blocks from the Capital on the corner of E. Main St. & S. Blair St. 522 E. Main St. is a 2 flat with 2 units (2 beds & 3 beds + den). 524 E. Main St. is a 3 flat with 3 units (1 bed & two 2 beds). All 10 parking stalls and all 5 units are fully leased with a monthly gross income of $10,004/mo. and as of Sept. 2025 the monthly gross income will increase to $11,040/mo. Residents can enjoy the convenience of being within walking distance from the vibrant downtown scene, including the Capitol Square, farmers market, local eateries, entertainment and Lake Monona. Don't miss out on this exceptional investment opportunity. Zoned DR1, WP-17, HIS-FS
Location
State WI
County Dane
Zoning DR1, WP-17
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 2 washers/ 2 dryers, 2 water heaters, 1 water softener, 4 furnaces, 5 stoves, 5 fridges & 3 Central AC units.
Exterior
Utilities Available Separate Electric Meters
Building
Dwelling Type Apartment Building,2 Story,3+ Story,2 Houses on One Lot
Sewer Municipal Water, Municipal Sewer
Structure Type Wood,Other,Stone
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
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