937 Williamson StMadison, WI 53703

Property Details for 937 Williamson St

Property size (Sq ft)

2,098 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Madison

County

Dane

State

Wisconsin

Latitude

43.0804

Longitude

-89.3684

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