736 E Johnson St, Madison

$500,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Prime location & solid rental history! This five unit building features four efficiencies & one 2-bedroom unit. Located in the heart of the isthmus w/in walking distance of shops, grocery store, lake, parks, etc. Currently a steady revenue generator, this presents a unique opportunity to add value to the property over time, especially as the near east isthmus experiences redevelopment. Newer kitchens & appliances in all units. Full basement w/exterior & interior entrances - useful for tenant storage, owner storage, maintenance access, etc. Too good to miss! (Tenant occupied, 24-hr notice required for showings.)

Stark Company, REALTORS.

Essential Information
Status Active
Detailed Status Active
Days on Market 173
MLS® # 1852118
Price $500,000
Year Built 1885
Type Multi Family
Assessed Value $260,400
Year Assesed 2018
Net Taxes $5,787
Tax Year 2018
Total Income $51,360
Total Expenses $15,392
Net OP Income $35,968
Utilities Separate water meters, Separate elec meters, Separate gas meters
Parking Per Unit 561
Exterior Brick/Stone, Other
Community Information
Address 736 E Johnson St
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East
Property Overview
Efficiency Units 4
2 Bedroom Units 1
Total Units 5
# of Water Heaters 1
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 5
# of Refrigerators 5
# of Dishwashers 1
# of Washers 1
# of Dryers 1
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires Vacant
Monthly Rent $1,250
Square Feet 830
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Full Baths 1
Lease Expires 07/31/2020
Monthly Rent $720
Square Feet 350
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 3 Details
# of Full Baths 1
Lease Expires 07/31/2020
Monthly Rent $750
Square Feet 475
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 4 Details
# of Full Baths 1
Lease Expires 07/31/2020
Monthly Rent $800
Square Feet 400
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning TR-V2
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 09/16/2019.

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