Lake Home For Sale
Fully rented, never vacant, 5 unit, once in a generation property situated on the shores of Lake Monona in one of Madison's most desirable locations. A short walk to Capitol Square and in the heart of the Marquette neighborhood. Originally the M.H. Sater Apartment Building, this classic American Foursquare was built in 1907. 40 ft of lake frontage, the lot is long and is terraced in the back. The exponential growth potential for net income in 2025 is outstanding!! A unique combination of units, comprised of a studio, a 1 bedroom, two, 2 bedroom apartments and a two story 5 bedroom apartment. Several garden plots on the lake and kayak storage. Updates include electrical service for the entire building, new water softener and south side dormer rebuild. This is a special place!!!Property Details
- Beds: 5
- Baths: 0.0
- Year Built: 1909
- Location: Lake Monona
- Acres: 0.170
- County: Dane County
- Heat/AC: Central Furnace,Radiant
- Siding: Stucco,Wood
- Stories: 3.0
- Property Taxes: $21,389
- MLS #: 1975327
Location
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Contact Information:
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Ad Statistics:
| Ad Number : | 4864417 |
| Viewed: | 29 times |
| Added: | May 01, 2024 |
| Updated on: | May 06, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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Listing Agent: Mark Gladue, Lauer Realty Group, Inc., 608-467-3220, 608-467-3220 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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