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401 W Main Street

Madison, WI 53703
  • $879,000
  • STATUS: Offer-Show
  • ON SITE: 47 Days
  • ID#: 1988164
Under Contract
UPDATED: 27 min ago
$879,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Madison Property Management, Inc.: 608-251-8777

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.

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Shine Realty. Data last updated: 2024-12-08T10:41:22.61.
www.housesthatshine.com/homes/156982841
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401 W Main Street Madison, WI 53703

  • Price: $879,000
  • Status: Offer-Show
  • On Site: 47 Days
  • Updated: 27 min ago
  • ID#: 1988164
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1899
Built
Neighborhood:
Madison - C W01
County:
Dane
Area:
Madison - C W01
Elementary School:
Franklin/Randall
Middle School:
Hamilton
High School:
West
School District:
Madison
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.
Exterior Features

Exterior VinylAluminum/Steel Parking Spaces Outside 0 Parking Stalls Inside 0 Type Apartment building2 story Unit1 Parking None Unit2 Parking None

Interior Features

Basement FullWalkout to yard Clothes Dryers 1 Clothes Washers 1 Dish Washers 1 Heating Type Forced air Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 3 Number Of Two Bedrooms 0 Refrigerators 3 Stoves 3 Unit1 Family/Rec rmEat-in kitchenBalcony/patioAir conditioningRange/ovenRefrigeratorIndividual heat control Unit1 Bedroom2 Dim 10x10 Unit1 Bedroom3 Dim 8x10 Unit1 Bedrooms 3 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 12x14 Unit1 Living Great Room Dim 14x13 Unit1 Master Bedroom Dim 12x12 Unit1 Sq Ft 1145 Unit2 Family/Rec rmEat-in kitchenBalcony/patioAir conditioningRefrigeratorIndividual heat control Unit2 Bedroom2 Dim 10x12 Unit2 Bedroom3 Dim 8x10 Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Kitchen Dim 12x14 Unit2 Living Great Room Dim 14x13 Unit2 Master Bedroom Dim 12x12 Unit2 Sq Ft 1145 Unit3 Family/Rec rmEat-in kitchenBalcony/patioRange/ovenRefrigeratorDishwasherIndividual heat control Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 770 Units With AC 3

Property Features

Association South Central WI City Town Or Village City County Quarter West Metro Madison Fuel Natural Gas Furnaces 3 Legal Documents Condition report on file Mailing City Madison Miscellaneous Close to bus line Net Taxes 11519 Park Unit None Source Acreage Assessor Tax Year 2023 Total Income 66900 Unit1 Rent 1925 Unit2 Rent 1925 Unit3 Rent 1725 Utilities Separate elec metersSeparate gas meters Water Heaters 3 Water Softeners 1 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning DR2

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Madison Property Management, Inc.: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Shine Realty. Data last updated: 2024-12-08T10:41:22.61.
 
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Shine Realty
101 N Main St.
Jefferson WI, 53549
Listing provided by Madison Property Management, Inc.: 608-251-8777