522-524 E Main Street new Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
$ 1457000
8 Beds
4 Baths
0 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment building,2 story,3 story,Other,2 houses on 1 lot
Listing Status Active
Purchase Type For Rent
MLS Listing ID 2002204
Bedrooms 8
Full Baths 4
Year Built 1880
Annual Tax Amount $17,664
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment building,2 story,3 story,Other,2 houses on 1 lot
Property Description
Downtown 5 unit rental (2 buildings) with 10 parking stalls located just 5 blocks from the Capital on the corner of E. Main St. & S. Blair St. 522 E. Main St. is a 2 flat with 2 units (2 beds & 3 beds + den). 524 E. Main St. is a 3 flat with 3 units (1 bed & two 2 beds). All 10 parking stalls and all 5 units are fully leased with a monthly gross income of $10,004/mo. and as of Sept. 2025 the monthly gross income will increase to $11,040/mo. Residents can enjoy the convenience of being within walking distance from the vibrant downtown scene, including the Capitol Square, farmers market, local eateries, entertainment and Lake Monona. Don't miss out on this exceptional investment opportunity. Zoned DR1, WP-17, HIS-FS
Location
State WI
County Dane
Area Madison - C E01
Zoning DR1, WP-17
Direction Corner of E. Main St. & S. Blair St.
Rooms
Basement Full
Interior
Heating Forced air
Inclusions 2 washers/ 2 dryers, 2 water heaters, 1 water softener, 4 furnaces, 5 stoves, 5 fridges & 3 Central AC units.
Heat Source Natural Gas
Exterior
Parking Features Outside
Utilities Available Separate elec meters
Building
Water Municipal water,Municipal sewer
Structure Type Wood,Other,Stone
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison