902-904 E Gorham Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
$ 439900
3 Beds
2 Baths
2000 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Active
Purchase Type For Rent
Square Footage 2,000 sqft
MLS Listing ID 1999651
Bedrooms 3
Full Baths 2
Year Built 1914
Annual Tax Amount $6,693
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 2 story,2 flat-up and down
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
Area Madison - C E01
Zoning TR-C4
Direction Corner of E. Gorham and N. Paterson St.
Rooms
Basement Full
Interior
Heating Radiant
Heat Source Natural Gas
Exterior
Parking Features 2 spaces,Outside
Building
Water Municipal water,Municipal sewer
Structure Type Wood
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison