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Home For Sale

Picture of Home For Sale in Madison, Wisconsin, United States

$499,900

836 E Gorham St
Madison, Wisconsin, United States

4bd 2ba

Listed By: Realtyww Info

Listed On: 07/26/2025

Listing ID: GL11851254 View More Details

Description

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 3rd 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 11.5 GIM and similar to 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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Listed by: Matthew Pantzlaff
Source: The World Property Journal

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