152 E Johnson St, Madison, WI 53703 Sold for $800,000 on 08/19/2019

152 E Johnson St, Madison BD: 0 BA: 1 $800,000 Sold

  • Residential Income
  • Status: Sold
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 0.12
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Property Taxes: $17,965
  • Property Tax Year: 2018
  • MLS#: 1863563
  • Listing Company: Re/Max Preferred
  • Zip Code: 53703
  • Number of Units: 9
  • Unit Type 1 Avg Rent: $685
  • Unit 1 Parking: None
  • Unit Type 2 Avg Rent: $880
  • Unit 2 Parking: None
  • Unit Type 3 Avg Rent: $760
  • Unit 3 Parking: None
  • Unit Type 4 Avg Rent: $785
  • Unit 4 Parking: 1 Space

152 E Johnson St, Madison, WI 53703 - No showings until 7/25. Wonderful 9-unit building located two blocks off the Capitol Square! Building consists of 7 studio apts, two 1-bedroom apts & 5 off-street parking stalls. Solid floor plans w/easy marketability, strong rental history & many long term tenants. Property has historically been leased on traditional 12-mo terms but other great possibilities for short term rental, bed & breakfast or redevelopment (confirm w/city). Property is under-rented. LA estimates market gross revenue to be $90K-$100K annually. Monthly rents beginning Aug 2020: 1-$685, 2-$0 (owner occ), 3-$880, 4-$760, 5-$750, 6-$670, 7-$900, 8-$775, 9-$785.

Additional Features
  • Full, Walkout
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: 9 Refrigerators, 9 oven/range, All Window Blinds, Water Softener, Washer/Dryer
  • Apartment building
  • 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
1863563 Sold Offer-Show Aug 19 2019 12:00AM $800,000 8
1863563 Sold Offer-Show Aug 19 2019 12:00AM $800,000 8
1863563 Offer-Show Active Jul 30 2019 3:51PM 8
1863563 Active Delayed Jul 24 2019 2:49PM 8
1863563 Delayed Jul 23 2019 12:52PM $777,000 8
1566664 Expired Active 185
1566664 Active Aug 3 2009 5:24PM $690,000 185

Estimated Monthly Payment

$3,287 per month
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