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About the Listing 221 - 13246,153801
Rare opportunity to own a fully leased investment property on S. Brooks St., down the street from downtown Madison, UW–Madison, and major hospitals in your back yard. Strong in-place income today with clear upside to adjust to market rate, offering an immediate value-add opportunity through rent adjustments over time. Additional income potential exists through currently unrented parking spaces, creating a simple path to increase NOI without additional capital investment. Prime location supports long-term demand from students, medical professionals, and downtown commuters. Ideal for investors seeking stable cash flow with built-in growth opportunities!
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
2016377
Year Built
1928
Total Square Footage
15,728
Lot/Acreage
0.14
County
Dane
Area
MADISON - C W14
HOA Dues
1
School District
Madison
Elementary School
Franklin/Randall
Middle School
Hamilton
High School
West
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 15728
- Below Ground Sq Ft: n/a
- Basement: Full,Full size windows/Exposed,Partially finished
- Other: Family/Rec rm,Dining room,Fireplace,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor,Pantry,2 Units
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: TR-C3
- Roof:
- Others: Brick
- Sewer: Municipal sewer, Municipal water
Financial Details
- Tax Amount: $10,655
- Taxes w/Assessments: N/A
- Tax/Property ID: 0709-233-0819-6
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
308 S Brooks St Madison, WI 53715
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