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124 N Franklin St

Madison WI 53703

8
3
2697 sq. ft.
0.08 ac.
Multi-Family
Currently for sale - view listing

Overview

Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.

Features

8 bedrooms
3 bathrooms
2697 sq. ft. floor area
0.08 ac. lot size
Multi-Family

Happy sellers in Madison

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We have insufficient information to provide an overview of customer satisfaction for Madison. Viewing the agent profiles, reviews and sales for Madison can provide insights for this location.

Local market activity for 8 bedroom multi families in Madison

In the last 12 months, 3 eight-bedroom multi families similar to 124 N Franklin St, have been sold.

This represents a 40% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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