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Listed with EXIT Realty HGM
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Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.
Property Type(s):
Multi Family
| Last Updated | 5/19/2026 | Year Built | 1882 |
|---|---|---|---|
| County | Dane |
SCHOOLS
| School District | Madison |
|---|---|
| Elementary School | Lapham/Marquette |
| Jr. High School | OKeeffe |
| High School | East |
Additional Details
| APPLIANCES | Dryer, Water Softener |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| LOT | 3485 sq ft |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| TAXES | 14248 |
| WATER | Public |
Listed with EXIT Realty HGM
Information is supplied by seller and other third parties and has not been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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