$950,000
$999,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 02/28/2025
Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1991754
Sold Date 02/28/25
Annual Tax Amount $13,838
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Introducing a rare opportunity to own Madison Downtown Apartments! Located at 520-524 W. Doty St., Madison, WI 53703, this 2-parcel lot features a total of 4 units just 4 blocks from the Kohl Center and within walking distance to the UW. The property comprises two buildings with 2 units each. The first building at 520 W. Doty St. boasts a 3-bedroom and a 1-bedroom unit, while the second building at 522-524 W. Doty St. offers two 2-bedroom units. With convenient covered parking for 4 vehicles and additional uncovered parking available. Both properties are fully leased for the 2024-2026 rental season with the exception of the 5 parking stalls for the 2025-2026 rental season, which ensures a steady income stream for the new owner. Don't miss your chance to own this prime real estate.
Location
State WI
County Dane
Zoning DR2
Rooms
Basement Full, Partial
Interior
Interior Features High Speed Internet
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Vinyl, Aluminum/Steel
Parking Features Detached, Carport
Utilities Available Separate Electric Meters
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Madison
Others
Special Listing Condition Arms Length
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Bought with Restaino & Associates