For Sale
$575,000

937 Williamson StMadison, WI 53703

Madison multifamily, 2 units, high income.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-unit apartment building, located at 937 Williamson Street in Madison, Wisconsin, presents a compelling investment opportunity. The property boasts a total of 2,098 square feet, spread across two stories in a single building. Each of the two units is priced at $324,500, contributing to a total asking price of $575,000. The property features a convenient driveway for parking. Its prime location on Williamson Street places it within easy reach of a vibrant array of restaurants, shops, and bars, as well as the scenic Lake Monona. Utilities are individually metered, although the current owner covers these costs; this arrangement could be modified for future leases. A free washer and dryer are provided in the basement for tenant use. Recent upgrades include a new water heater installed within the last two years. The property currently generates a monthly income of $3,520. While one unit is currently occupied, the second-floor unit will have a new tenant commencing occupancy on March 1st. The Dane County property (APN 070913406075, zip code 53703) is ready for a new owner. Showings will begin on February 22nd, 2024.

Highlights

  • Asking price: $575,000
  • Multifamily property with two units in a prime Madison, WI location.
  • 2,098 square feet, priced at $309.34 per square foot.
  • Located at 937 Williamson St, Madison, WI 53703.
  • $324,500 per unit; current monthly income of $3,520.

Property Details for 937 Williamson St

Property type
Apartment buildings
Square Feet
2,098 SF
Buildings
1
Stories
2
Units
2

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.08035289
Longitude
-89.3684341
937 Williamson St, Madison, Wisconsin

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937 Williamson St
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