836 E Gorham Street Pending Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
$ 474900
5 Beds
2 Baths
2304 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 flat-up and down
Listing Status Pending
Purchase Type For Rent
Square Footage 2,304 sqft
Subdivision Prospect Place
MLS Listing ID 1982216
Bedrooms 5
Full Baths 2
Year Built 1899
Annual Tax Amount $8,245
Tax Year 2023
Lot Size 2,962 Sqft
Property Description
2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
Location
State WI
County Dane
Area Madison - C E01
Zoning TR-V2
Interior
Heating Radiant
Inclusions In-unit Appliances, Review Addendum R
Exterior
Garage 2 spaces,Outside
Utilities Available Separate elec meters
Building
Water Municipal water,Municipal sewer
Structure Type Brick,Stone
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison