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$ 675,000
Est. payment /mo
Price Dropped by $25K
736 E Johnson Street Madison, WI 53703
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2019678
Year Built 1885
Annual Tax Amount $8,610
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Unit rental in the heart of the Isthmus, (2 bedroom & 1 bedroom & Efficiencies) Unit #5 $1025 leased until 7/31/27. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood is seeing lots of redevelopment between East Wash & Johnson St. This site would be perfect for future redevelopment with lot size and or acquiring adjacent property. Seller is requiring Pre-approval Letter or proof funds letter prior to all showings.
Location
State WI
County Dane
Zoning R5
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Radiant/Electric
Inclusions 5 stoves, 5 refrigerators
Exterior
Exterior Feature Wood, Other
Building
Dwelling Type Apartment Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison
Others
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Listed by Restaino & Associates
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