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
crop_free0.08 ac. lot size
cottageMulti-Family
Happy sellers in Madison
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Local market activity for 8 bedroom multi families in Madison
Sold
For Sale
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