937 Williamson Street, Madison
$590,000
MLS® # 1971215, 72 days, Active
736 E Johnson Street, Madison
$740,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
5 unit rental in the heart of the Isthmus, (2 bedroom & 4 Efficiencies) Unit #5 $960 leased until 8-14-25. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Seller has a few items in process. Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood is seeing lots of redevelopment between East Wash & Johnson St. This site would be perfect for future redevelopment with lot size and or acquiring adjacent property. Basement light switch is in the ceiling as you walk through the door, boiler room light is in room to right of boiler room.
Restaino & Associates ERA Powered, Pref: 608-474-0306.
Essential Information
Status Active
Detailed Status Active
Days on Market 30
MLS® # 1974041
Price $740,000
Year Built 1885
Type Multi Family
Assessed Value $400,000
Year Assesed 2023
Net Taxes $7,223
Tax Year 2023
Total Income $64,620
Total Expenses $13,515
Net OP Income $51,105
Parking Per Unit 557
Exterior Wood, Other
Community Information
Address 736 E Johnson Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
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
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 8/14/25
Monthly Rent $1,550
Square Feet 836
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 2 Details
# of Full Baths 1
Lease Expires 7/31/24
Monthly Rent $925
Square Feet 300
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 3 Details
# of Full Baths 1
Lease Expires 7/31/25
Monthly Rent $1,020
Square Feet 300
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 4 Details
# of Full Baths 1
Lease Expires 7/31/24
Monthly Rent $930
Square Feet 300
Parking Street
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Additional Information
Zoning R5
Short Sale No
REO / Bank Owned No
Map Views
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Data provided by the South Central Wisconsin MLS as of 05/01/2024.
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