138-140 S Franklin Street, Madison, WI 53703 $870,000

138-140 S Franklin Street, Madison BD: 0 BA: 3 $870,000 Offer-Show

  • Residential Income
  • Status: Offer-Show
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 0.09
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Property Taxes: $12,744
  • Property Tax Year: 2022
  • MLS#: 1966124
  • Listing Company: Berkshire Hathaway Homeservices True Realty
  • Zip Code: 53703
  • Number of Units: 2
  • Unit Type 1 Avg Rent: $3,450
  • Unit 1 Parking: 2 Space
  • Unit Type 2 Avg Rent: $2,200
  • Unit 2 Parking: 2 Space

138-140 S Franklin Street, Madison, WI 53703 - Prime Investment or Residence: this downtown Madison gem has recently been remodeled top to bottom and is ideal for investment or owner-occupation. Included is one unit with 4-beds, 3 baths and another unit with 2-beds, 2 baths. They are both fully leased through May 31, 2024. Further enhancing the lifestyle of this downtown residence are four parking spots, large balconies and porches, and indoor bike storage. This property has versatile potential; turn key, low maintenance investment, long-term residence, or future development site. Located in a prime area with easy access to cultural, recreational, entertainment, and economic hubs, including Lake Monona, Monona Terrace, and the Capitol and many restaurants.

Additional Features
  • Finished, Full, Poured concrete foundatn
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: Tenant leases, two of each: water heaters, furnace/HVAC, refrigerators, ranges, dishwashers, microwaves, garbage disposals, washers, dryers.
  • 2 flat-up and down, 2 story
  • 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
1966124 Offer-Show Active Dec 6 2023 5:46PM 116
1966124 Active Delayed Nov 8 2023 4:47PM 116
1966124 Delayed Oct 20 2023 2:46PM $870,000 116

Estimated Monthly Payment

$3,287 per month
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