Vigil Vigil Home Team

1901 Madison Street, Madison, WI 53711

$750,000
  • 1901 Madison Street, Madison, WI 53711 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#2017303
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

Listing Courtesy of: Vilas Realty
Agency Phone: 608-347-8247
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Property Description

This well-crafted grand old home was converted to a two-unit many years ago. Property is grandfathered to allow eight unrelated occupants. It's been rented both as one house and other times as two units. There are 2 bdrm, 1 full bath on 1st floor. LL has 2 bdrms with egress windows, a 3/4 bath, and laundry. 2nd floor has 3 bdrm, 1 full bath. Partially finished walk-up attic has potential for an 8th bdrm. Refinished hardwood floors, gas fireplace, large windows, remodeled 1st floor kitchen, newer 200 amp electrical, newer boiler furnace, newer hot water heater. Currently occupied by Seller's family - hence the low rents. Seller estimates a market rent of $750 per person, or $6000 per month which is $72,000 per year. Currently, room to park 3 cars in the back. Room for a garage or a 4th parking space. Electric is separately metered. Gas and water are not. An inviting open porch in the front and two screened porches in the back. Nice brick patio in back yard.

1901 Madison Street | MLS# 2017303

This multi-family property located at 1901 Madison Street, Madison, WI 53711 is currently listed for sale with an asking price of $750,000. Madison Street is located within the Madison school district. Search Madison real estate on vigil.starkhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Fuel Type: Natural Gas
Home Style: 2 story, 2 flat-up and down, SingleFam zoned Multi
Stories: 2.0
Taxes: $10,491
Year Built: 1914

Units

Unit 1:
Bedrooms: 4
Full Baths: 2
Parking Description: 2 Space
Square Feet: 1547
Unit 2:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 970

Amenities

Wood

Feature Descriptions

Basement: Full, Full size windows/Exposed, Finished, Poured concrete foundatn
Days on Site: 5
Exterior: Wood
Units: 2
Water/Waste: Municipal sewer, Municipal water

Local Schools

High School: West
Middle School: Hamilton
Elementary School: Franklin/Randall
School District: Madison

Listed By / Shown By

Listed By

Agency Name: Vilas Realty
Agency Phone: 608-347-8247

Shown By

Agent Name: Vigil Vigil Home Team
Agent Phone: (608) 852-7411
Agency Title: Stark Company Realtors

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Estimate Your Payment

Estimated Payment

$ 5,070.17 per month $3,977.17 Principal & Interest $874.25 Property Tax $218.75 Homeowner's Insurance

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