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126 North Franklin Street

Madison WI 53703

5
2
1742 sq. ft.
0.08 ac.
Single-Family
Currently for sale - view listing

Overview

Income properties this close to downtown Madison rarely pencil this well. Just around the corner from James Madison Park, this 5-bed, 2-bath rental is consistently easy to lease thanks to its unbeatable location near campus, downtown restaurants, nightlife, and the lake. Currently rented at $4,295/month with projected rents up to $4,750/month, there?s immediate upside for the next owner. The property has been well maintained with mostly vinyl windows, 2 parking spaces plus a moped spot, and very little yard maintenance. Tenants cover all expenses, making this an attractive low-maintenance investment opportunity with strong returns. Also available as part of the 120?126 N Franklin portfolio, offering a rare opportunity to acquire a side-by-side 27-bedroom investment property with significant long-term upside and future redevelopment potential.

Features

5 bedrooms
2 bathrooms
1742 sq. ft. floor area
0.08 ac. lot size
Single-Family

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Local market activity for 5 bedroom single-family properties in Madison

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Sales:
(619) 566-0008
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