Vigil Vigil Home Team

5837 Raymond Road, Madison, WI 53711

$550,000
  • 5837 Raymond Road, Madison, WI 53711 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#2017218
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

Listing Courtesy of: EXP Realty, LLC
Agency Contact: Pref: 608-838-1377
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Property Description

No Showings until 3/6. Investor opportunity with immediate upside potential. This solid brick 4-unit offers rare, oversized 3-bedroom layouts with 1 to 2.5 baths, making it highly attractive to long-term tenants and future rent growth. Current leases are MTM, providing flexibility for a new owner to reposition rents toward market levels, estimated around $1,800 per unit. The partially finished lower level presents potential for an additional unit or added income space (buyer to verify). Key improvements include roof and front windows approximately 10 years old along with some newer water heaters. Well located on Madison's west side near major employers, shopping, and transit corridors, this property offers both stability and long-term appreciation potential. See 5710 Russett Road, Madison ? seller is open to selling both together

5837 Raymond Road | MLS# 2017218

This multi-family property located at 5837 Raymond Road, Madison, WI 53711 is currently listed for sale with an asking price of $550,000. Raymond Road 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: Apartment building, 2 story
Stories: 2.0
Taxes: $10,311
Year Built: 1961

Units

Unit 1:
Bedrooms: 3
Full Baths: 2
Half Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1870
Unit 2:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1000
Unit 3:
Bedrooms: 3
Full Baths: 1
Half Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1120
Unit 4:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 1000

Amenities

Brick

Feature Descriptions

Basement: Full, Partially finished, Poured concrete foundatn
Days on Site: 6
Exterior: Brick
Units: 4
Water/Waste: Municipal sewer, Municipal water

Local Schools

High School: Memorial
Middle School: Toki
Elementary School: Orchard Ridge
School District: Madison

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC
Agency Contact: Pref: 608-838-1377

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

$ 3,936.26 per month $2,916.59 Principal & Interest $859.25 Property Tax $160.42 Homeowner's Insurance

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