836 E Gorham Street Pending Save Request In-Person Tour Request Virtual Tour
Madison,WI 53703
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Prospect Place
MLS Listing ID 1982216
Year Built 1899
Annual Tax Amount $8,245
Tax Year 2023
Lot Size 2,962 Sqft
Acres 0.068
Property 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 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.
Location
State WI
County Dane
Zoning TR-V2
Rooms
Basement Full
Interior
Interior Features Water Softener,Fire Sprinklers,High Speed Internet
Heating Natural Gas
Cooling Radiant/Electric
Inclusions In-unit Appliances, Review Addendum R
Exterior
Exterior Feature Brick,Stone
Utilities Available Separate Electric Meters
Building
Dwelling Type 2 Flat Up and Down
Sewer Municipal Water,Municipal Sewer
New Construction N
Schools
Elementary Schools Lapham/Marquette
Middle Schools Okeeffe
High Schools East
School District Madison