For Sale

Listed by Imani Jones from EXIT Realty HGM

Source: Wisconsin Real Estate Exchange #715390300700

126 North Franklin Street, Madison, WI, 53703

$650,000

5
2
1742 sq. ft.
0.08 ac.

SingleFam

•

11 days on the market

What's around 126 North Franklin Street

About this property

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.

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