BEDS0
BATHS
MLS#2029613
STATUSOffer-No Show
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison
Listing Courtesy of:
Conrad Development LLC
Agency Contact: info@conraddevelopment.com
Property Description
Fully leased two-unit investment property in Tenney-Lapham, one of Madison's most walkable near-east neighborhoods. Both units are spacious 3-bedroom, 1-bath layouts of roughly 1,100 square feet. Current leases run through May 31, 2027 at $2,100 and $2,200 per month - $51,600 in annual gross income with no near-term turnover. Two new furnaces (2025) and a rebuilt front porch (2021) put the major capital items behind you. Tenants pay their own gas and electric; owner covers water and sewer. Steps to Reynolds Park; James Madison Park and the Lake Mendota shoreline are three blocks north, with groceries, the Capitol Square, and the E Washington corridor an easy walk or bike ride away. Lapham/Marquette, O'Keeffe and East schools. A durable, low-maintenance hold in a rental market that stays tight.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: 2 story, 2 flat-up and down
Stories: 2.0
Taxes: $8,791
Year Built: 1918
Units
Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 1100
Unit 2:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 1100
Amenities
Vinyl
Feature Descriptions
Days on Site: 8
Exterior: Vinyl
Units: 2
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: East
Middle School: OKeeffe
Elementary School: Lapham/Marquette
School District: Madison
Listed By / Shown By
Listed By
Agency Name: Conrad Development LLC
Agency Contact: info@conraddevelopment.com
Shown By
Agent Name: Dawn Levins
Agent Phone: (815) 601-1582
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 1,978.61 per month $1,101.66 Principal & Interest $732.58 Property Tax $144.38 Homeowner's InsuranceChange Payment Information
This information, provided by seller, listing broker, and other parties, may not have been verified.
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828 E Dayton Street | MLS# 2029613
This multi-family property located at 828 E Dayton Street, Madison, WI 53703 is currently listed for sale with an asking price of $495,000. E Dayton Street is located within the Madison school district. Search Madison real estate on dawnlevins.dickersonnieman.com today.