$967,000

406-408-408 1/2 S Mills St

Madison WI, 53715

Description

Excellent investment opportunity, income property For Sale in Downtown Madison with two buildings on one parcel. Land contains 3 unit apartment flat with separate 2 bedroom home in rear. The location allows for unprecedented rental retention rates being right near both UW and Edgewood Campuses. With leases secured through August, 2021, this opportunity is hard to beat. All windows are new as of 2008 and have a Lifetime, Transferable Warranty on parts and glass failures. This has proved extremely beneficial considering age of windows in similarly located houses flats.

Details

MLS#1892464
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year0
Days On Site28

Features

Units4
Building(s)1
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Area Information
StateWI
CountyDane
CityMadison
Zip Code53715
AreaMADISON - C W14
Listing VS Median (in 53715)
Price:
$967,000
low | high
Med:
$399,900
100% of Average
On Site:
28
low | high
Med:
181
15.469613259669% of Average
Listing Updated: 09/28/2020
Matt Lindholm LogoMLS Number: 1892464
Listing Provided By:
Matt Lindholm  of  Bruner Realty Management
© 2020 South Central Wisconsin MLS Corporation.   All rights reserved.  This information, provided by seller, listing broker, and other parties, may not have been verified.