Property Description for 138-140 S Franklin Street, Madison, WI 53703
Prime Investment or Residence: this downtown Madison gem has recently been remodeled top to bottom and is ideal for investment or owner-occupation. Included is one unit with 4-beds, 3 baths and another unit with 2-beds, 2 baths. They are both fully leased through May 31, 2024. Further enhancing the lifestyle of this downtown residence are four parking spots, large balconies and porches, and indoor bike storage. This property has versatile potential; turn key, low maintenance investment, long-term residence, or future development site. Located in a prime area with easy access to cultural, recreational, entertainment, and economic hubs, including Lake Monona, Monona Terrace, and the Capitol and many restaurants.
- Number of Units: 2
- Type of Rental: 2 flat, 2 story
- Year Built: 1890
- Taxes: $12,744
- Tax Year: 2022
- County: Dane
- Elementary School: Lapham/Marquette
- Middle School: OKeeffe
- High School: East
- MLS Number: 1966124
Unit 1
- Beds: 4
- Baths: 3 f | 0 h | 0 q
- Parking: 2 Space
- Sq Ft: 2,264
Unit 2
- Beds: 2
- Baths: 2 f | 0 h | 0 q
- Parking: 2 Space
- Sq Ft: 1,332