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Listed with EXIT Realty HGM
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Rare opportunity to own the 120-126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315,254 in annual income with pro forma projections of approximately $345,410 for the 2027-2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison's most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.
Property Type(s):
Multi Family
| Last Updated | 5/19/2026 | Year Built | 1909 |
|---|---|---|---|
| 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, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| LOT | 9801 sq ft |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| TAXES | 33941 |
| 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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