Lake Home For Sale

4 unit rental property located near the intersection of W. Gorham St. and Washburn Place just one block from Lake Mendota. Highly desirable location just one mile from downtown Madison and walking distance to many local restaurants, entertainment, Festival Foods and other retailers. Units 405 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out until 2025. The current total monthly rent is $3,920/month for the 2023-2024 rental season. Rents will increase to $5,065/month for the 2024-2025 rental season...

Property Details

  • Beds: 2
  • Baths: 0.0
  • Year Built: 1907
  • Location: Lake Mendota
  • Acres: 0.120
  • County: Dane County
  • Heat/AC: Central Furnace,Forced Air
  • Siding: Aluminum Siding,Vinyl Siding
  • Stories: 2.0
  • Property Taxes: $8,238
  • MLS #: 1968080

Location

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Contact Information:

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Ad Statistics:

Lake Home For Sale in Madison, Wisconsin
Ad Number : 4427836
Viewed: 65 times
Added: Dec 06, 2023
Updated on: Mar 18, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: Jim Stopple, Madison Property Management, Inc., 608-268-4912, 608-251-8777 Listing Site, Listing Status: Active
Copyright © 2024 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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