29 North Street Pending Save Request In-Person Tour Request Virtual Tour
Madison,WI 53704
$ 695000
4 Beds
4 Baths
0 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 story,2 flat-up and down
Listing Status Pending
Purchase Type For Rent
Subdivision Curtis Replat
MLS Listing ID 1997684
Bedrooms 4
Full Baths 4
Year Built 1925
Annual Tax Amount $7,883
Tax Year 2024
Lot Size 9,452 Sqft
Property Sub-Type 2 story,2 flat-up and down
Property Description
Excellent 5-unit on Madison's east side with immediate access to bus lines, healthcare, and a vibrant, walkable neighborhood full of coffee shops, bars, and restaurants. Market rents total $68,880, plus laundry and parking income push gross potential over $71,000. Priced under a 9.8 GRM (Gross Rent Multiple) in a market where 10–12 is the norm, this property offers strong cash flow and value. The site is the largest residential lot on the block, just one parcel off E Washington Ave - an ideal set up for future redevelopment potential.
Location
State WI
County Dane
Area Madison - C E05
Zoning TR-C4
Interior
Heating Radiant
Inclusions 5 Range/ovens, 5 refrigerators, 1 washer, 1 dryer.
Exterior
Parking Features 2 stall garage,Detached,1 space,Outside
Utilities Available Separate elec meters
Building
Water Municipal sewer,Municipal water
Structure Type Stucco
Schools
Elementary Schools Emerson
Middle Schools Sherman
High Schools East
School District Madison