120-126 N Franklin St

Madison, WI 53703
  • $3,043,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,500

    SqFt

About the Listing 2538 - 44267

Rare opportunity to own the 120–126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027–2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison’s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.

Listing Highlights

Status Active
Days on Site 103
Property Type Multi-Family
MLS ® 2023686
Year Built 1909
Total Square Footage 2,500
Lot/Acreage 0.22
County Dane
School District Madison
Elementary School Lapham/Marquette
Middle School OKeeffe
High School East

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full
  • Other:
  • Water:

Exterior Details

  • Lot Description: 1471800
  • Garage Capacity: N/A
  • Zoning: DR1
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 2 Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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120-126 N Franklin St Madison, WI 53703

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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