For Sale

Listed by Imani Jones from EXIT Realty HGM

Source: Wisconsin Real Estate Exchange #715391322800

120122 North Franklin Street, Madison, WI, 53703

$1,670,000

14
7
3044 sq. ft.
0.08 ac.

MultiFam

18 days on the market

What's around 120122 North Franklin Street

About this property

120-122 N Franklin St is a rare opportunity to own a high-performing 3-flat investment property with an incredible 14 bedrooms in one of Madison?s most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long-term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120-126 N Franklin st portfolio. A rare side-by-side 27 bedroom opportunity with significant development potential.

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