BEDS0
BATHS
MLS#2032800
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison
Listing Courtesy of:
Cresa
Agency Phone: 608-852-3001
Property Description
Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual income of $81,422 with leases in place through August 14, 2027. Historic 1882 property features hardwood floors and ornate woodwork along with recent improvements including exterior painting (2026), new furnace (2025), EPDM roof and railing above garage (2024), partial roof shingle replacements and coin-operated dryer. Legacy property held by current ownership for 18 years.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Home Style: Apartment building, 2 story
Stories: 2.0
Taxes: $12,936
Year Built: 1882
Units
Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 940
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Car Garage
Square Feet: 567
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 948
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 515
Amenities
Wood
Feature Descriptions
Days on Site: 1
Exterior: Wood
Units: 4
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: East
Middle School: OKeeffe
Elementary School: Lapham/Marquette
School District: Madison
Listed By / Shown By
Listed By
Agency Name: Cresa
Agency Phone: 608-852-3001
Shown By
Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900
Estimate Your Payment
Estimated Payment
$ 3,532.30 per month $2,169.93 Principal & Interest $1,078.00 Property Tax $284.38 Homeowner's Insurance
18 W Gilman Street | MLS# 2032800
This multi-family property located at 18 W Gilman Street, Madison, WI 53703 is currently listed for sale with an asking price of $975,000. W Gilman Street is located within the Madison school district. Search Madison real estate on www.dickersonnieman.com today.