120126 North Franklin Street

Madison WI 53703

3044 sq. ft.

0.23 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare opportunity to own the 120?126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027?2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison?s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.

Features

17 bedrooms

8 bathrooms

3044 sq. ft. floor area

0.23 ac. lot size

Multi-Family

Property history for 120126 North Franklin Street

2023

Sold

$2,170,000

14 Apr 2023

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Local market activity for 17 bedroom multi families in Madison

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Imani Jones

at EXIT Realty HGM

View listing

Sales:: (619) 566-0008

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