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836 E Gorham Street
Madison, WI 53703

Residential Multi Family (Other)

0.07 Acres
0 Sqft Living Area

5 Bedrooms

0 Bathrooms (0 Full, 0 Half)

Year Built: 1899

$499,900

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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 11.5 GIM and similar to 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!

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Contact Details

Name: Matthew Pantzlaff

Email: mpantzlaff@totalresolutionsllc.com

MLS Listing Id: 1982216

Agent Phone: (800) 339-4444

List Agent License:

Office Name: Homestead Realty

Office Phone: (800) 339-4444

Office MLS Id: 1358

Listing Status: Active

Listing URL: https://listings.listhub.net/pages/SCWMLSWI/1982216/?channel=openhousinc

Copyright © 2024 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.