902-904 E Gorham Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1999651
Year Built 1914
Annual Tax Amount $6,693
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Downtown Madison 2-unit investment opportunity! Main level: 1BR/1Bth, spacious kitchen & large living room. 2nd floor: 2BR/1Bth, newly remodeled bathroom, generous living room, eat-in kitchen. Shared laundry in basement, 3 parking spots in rear - not common in this area! Directly on bus route w/ shelter, perfect for public transit users. Rents include all utilities, significantly below market - serious upside to increase rents or bill back utilities. Exterior needs some TLC, but prime location & parking have always ensured quick rentals. Huge unfinished walk-up attic offers expansion potential. Ideal for investors to grow portfolio, start in downtown Madison, or owner-occupy one unit & rent the other.
Location
State WI
County Dane
Zoning TR-C4
Rooms
Basement Full
Interior
Interior Features Water Softener,High Speed Internet
Heating Natural Gas
Cooling Radiant/Electric
Exterior
Exterior Feature Wood
Building
Dwelling Type 2 Story,2 Flat Up and Down
Sewer Municipal Water,Municipal Sewer
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison