$474,900
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836 E Gorham Street Madison, WI 53703
Multi-Family
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2-unit apartment building leased thru August 14, 2025!! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3...rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
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Source MLS
Wisconsin Real Estate Exchange (WIREX)
Originating MLS
WIREX_SCW
MLS#
WIREX_SCW1982216
Property Type
Multi-Family
Year Built
1899
Lot Size
0.07
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