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About the Listing 23962 - 31977
Quality 4-plex's in Madison are virtually nonexistent, making this Madison opportunity one you won't want to overlook. Three units are currently leased with a fourth vacant and move-in ready, ideal for an owner-occupant or immediate lease-up. Pro-forma rents of $1,500 to $1,600 per unit put projected gross annual income near $75,000 with strong upside potential. Built in 1987 and thoughtfully maintained, the property features a new roof (2025), fresh paint, some new flooring, and some kitchen and bathroom updates throughout. Slab foundation construction keeps maintenance simple and costs predictable. A standout feature rarely seen on multi-family properties: every unit includes its own attached private single-car garage, in-unit laundry, dishwasher, A/C, and a private patio or deck. Located off Fish Hatchery Rd with easy access to the Beltline, downtown Madison, and bike trails. A turnkey asset in a proven rental corridor and a compelling addition to any serious investment portfolio.
Listing Highlights
Status
Active
Days on Site
49
Property Type
Multi-Family
MLS ®
2024342
Year Built
1987
Total Square Footage
890
Lot/Acreage
0.29
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Family/Rec rm,Eat-in kitchen,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,In-unit laundry,Wood or sim. wood floor
- Water:
Exterior Details
- Lot Description: 548000
- Garage Capacity: N/A
- Zoning: Res
- Roof:
- Others:
- Sewer:
- Parking Features: 1 Car Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
58 Sunfish Ct Madison, WI 53713
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