423 W Dayton Street, Madison, WI 53703 Sold for $801,525 on 11/15/2023

423 W Dayton Street, Madison BD: 0 BA: 1 $801,525 Sold

  • Residential Income
  • Status: Sold
  • County: Dane
  • 0 Full Bathrooms
  • Acreage: 0.1
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Property Taxes: $14,285
  • Property Tax Year: 2022
  • MLS#: 1959891
  • Listing Company: First Weber Inc - [email protected]
  • Zip Code: 53703
  • Number of Units: 3
  • Unit Type 1 Avg Rent: $2,025
  • Unit 1 Parking: None
  • Unit Type 2 Avg Rent: $2,020
  • Unit 2 Parking: None
  • Unit Type 3 Avg Rent: $1,300
  • Unit 3 Parking: None

423 W Dayton Street, Madison, WI 53703 - Perfect location for student housing. Fully leased through August 2024. This property has 6 separately leased parking spots for additional income. All units have gas stoves. Washer/Dryer 1 year old. Updated electrical panels, furnaces, and water heaters. Parking leases add up to $600/month. Total projected income based on August '23 to August '24 rents is $5945/month, including parking. Fantastic metrics for the location. Less than 12 GRM! Or tear down and redevelop.

Additional Features
  • Full, Other foundation
  • Water Waste: Municipal sewer, Municipal water
  • Inclusions: Refrigerators (3), Stove/ovens (3), Dishwasher (1), Washer (1), Dryer (1), Water Softener (1)
  • 3 story, 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
1959891 Sold Offer-Show Nov 15 2023 12:00AM $801,525 197
1959891 Sold Offer-Show Nov 15 2023 12:00AM $801,525 197
1959891 Offer-Show Active Sep 28 2023 2:46PM 197
1959891 Active Jul 14 2023 2:46PM $850,000 197

Estimated Monthly Payment

$3,287 per month
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