101-109 N Franklin & 510 E. Mifflin Street, Madison, WI 53703 $2,900,000

101-109 N Franklin & 510 E. Mifflin Street, Madison BD: 0 BA: 0 $2,900,000 Active

  • Residential Income
  • Status: Active
  • County: Dane
  • Acreage: 0.302
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Property Taxes: $40,176
  • Property Tax Year: 2023
  • MLS#: 1984599
  • Listing Company: Madison Property Management, Inc.
  • Zip Code: 53703
  • Number of Units: 10
  • Unit 1 Parking: Street
  • Unit 2 Parking: Street

101-109 N Franklin & 510 E. Mifflin Street, Madison, WI 53703 - 4 unique multi-family apartment buildings are three blocks from James Madison Park on Lake Mendota, 1 block from the very active East Washington Avenue and 5 blocks from the Capitol Square. 510 E. Mifflin St. is a 4-unit rental which has beautiful architecture/woodwork. 103/105 N. Franklin St. is a 3-unit rental that was intentionally left vacant because of the need for restructuring of the front/back porches. Seller will provide Buyer with a $150,000 credit against the purchase price to redo the porches and repair basement water issue. 101 N. Franklin St. is a single-family rental with 3 beds & 1 bath. 107-109 N. Franklin St. is a 2-unit rental. This block is Zoned as Planned Development so someone could put up a four-story building on 1 or more of these parcels subject to city approval.

Additional Features
  • Other foundation
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 11 water heaters, 3 AC wall units, 10 stoves, 10 fridges, 8 dish washers, 3 washers, 3 dryers, ___ furnaces
  • Apartment building, Other
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1984599 Active Aug 27 2024 2:46PM $2,900,000 38

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$3,287 per month
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