124 N Franklin Street, Madison
$900,000
MLS® # 2023681, 28 days, Active
1054 Williamson Street, Madison
$1,050,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
1054 Williamson Street is a mixed-use rental property featuring two residential units and one established restaurant. This property offers immediate stability and strong tenant demand. The below market rents present significant upside for investors seeking value-add potential. Situated on Willy and Ingersol, tenants and patrons enjoy walkable access to popular dining, local shops, parks, and Lake Monona. The combination of consistent income, growth potential, and a prime location makes this building an attractive investment.
Weichert, Realtors- Lakepoint.
Essential Information
Status Active
Detailed Status Active
Days on Market 89
MLS® # 2018776
Price $1,050,000
Year Built 1910
Type Multi Family
Assessed Value $726,000
Year Assesed 2025
Net Taxes $13,453
Tax Year 2025
Total Income $87,064
Total Expenses $18,159
Net OP Income $68,904
Utilities Separate elec meters, Separate gas meters
Parking Per Unit None
Exterior Brick
Community Information
Address 1054 Williamson Street
MLS® Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703
School Information
Property Overview
Efficiency Units 1
3 Bedroom Units 1
Total Units 3
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
Units with AC 1
Unit 1 Details
# of Half Baths 2
Lease Expires 02/14/2033
Monthly Rent $4,371
Square Feet 1,782
Parking None
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 08/14/2026
Monthly Rent $2,025
Square Feet 1,000
Parking None
Landlord Pays Elec Yes
Landlord Pays Heat Yes
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 07/31/2026
Monthly Rent $995
Square Feet 400
Parking None
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
Map Views
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Data provided by the South Central Wisconsin MLS as of 06/14/2026.
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