820828 East Dayton Street

Madison WI 53703

1440 sq. ft.

0.45 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare 4-parcel, 7-unit portfolio in Madison?s core Isthmus - the city?s most walkable, in-demand location. Combines true neighborhood feel w/immediate access to downtown, restaurants, grocery, entertainment, parks, major employers & the Capitol 8 blocks away. Includes 820, 822, 824 & 828 E Dayton St. Compelling opportunity for investors seeking current income+upside, multifamily developers pursuing scarce assemblage scale, & smaller owners wanting control of a rarely available Isthmus footprint. Opportunities to acquire this kind of assembly in this location are few & far between, which is exactly why the value proposition is so compelling. Pricing is competitive, current rents offer upside relative to price per SF, & raw land pricing for development has moved dramatically in recent years. Hold, renovate, reposition, or redevelop. Rare scale, rare location, rare opportunity. $165k gross revenue, $119,500 NOI Parcel #'s: 0709-132-1011-1, 0709-132-1012-9, 0709-132-1013-7, 0709-132-1014-5.

Features

7 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

1440 sq. ft. floor area

0.45 ac. lot size

Multi-Family

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