401 W Main Street Madison, WI 53703

Multi-Family (2-4 Units) MLS #: 1988164 Courtesy Of Madison Property Management, Inc.

$879,000

9 beds
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Est. Property Tax: $11,519
Estimated monthly payments: $4,802/mo.* (recalculate)

Property InformationDescription

3 unit rental property located downtown on the corner of S. Broom St. and W. Main St. just 3 blocks from the Capitol and Lake Mendota. All three units are 3 bedrooms with 1 full bath and central AC. Fully leased for the 2024-2025 and 2025-2026 rental season (with slight rent increases). New roof in 2017 per city assessor, washer\dryer onsite, all tenants pay gas and electric. Great location, easy to rent, reliable rental history and walking distance to UW...

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Dishwasher, Dryer
  • Architecture Style: Other
  • Heating System: Forced Air
  • Lot Size: 0.05 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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401 W Main Street, Madison, WI 53703
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School Information

401 W Main Street, Madison, WI 53703

Elementary School
Grades PK-2 | Public School
FRANKLIN ELEMENTARY SCHOOL
Madison, WI 53715
305 W Lakeside St
608.­204.2292
Distance: 1.0 mi
Student:Teacher Ratio
13:1
Total Students
342
Elementary School
Grades 3-5 | Public School
RANDALL ELEMENTARY SCHOOL
Madison, WI 53726
1802 Regent St
608.­204.3300
Distance: 1.5 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
333
Middle School
Grades 6-8 | Public School
VELMA HAMILTON MIDDLE SCHOOL
Madison, WI 53705
4801 Waukesha St
608.­204.4620
Distance: 3.6 mi
School Rating
B
Student:Teacher Ratio
14:1
Total Students
725
High School
Grades 9-12 | Public School
WEST HIGH SCHOOL
Madison, WI 53726
30 Ash St
608.­204.4100
Distance: 2.0 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
2164
Other Nearby Schools Distance Type Grades School Rating
Metro School 0.2 mi Public 4-12
4k Pk Off Site 0.4 mi Public PK
St James School 1.0 mi Private PK-8
Woodland Montessori School 1.1 mi Private PK-KG
Innovative & Alternative Middle School 1.3 mi Public 6-8
Lapham Elementary School 1.3 mi Public PK-2
Innovative & Alternative High School 1.3 mi Public 9-12 D
Capital High School 1.3 mi Public 9-12 F
James Wright Middle School 1.6 mi Public 6-8 C+
Blessed Sacrament School 1.8 mi Private PK-8
Edgewood Campus School 1.8 mi Private PK-8
Edgewood High School Of The Sacred Heart 1.9 mi Private 9-12
Marquette Elementary School 1.9 mi Public 3-5 B
O'keeffe Middle School 1.9 mi Public 6-8 C
Lincoln Elementary School 2.1 mi Public 3-5 C+
One City Expeditionary Elementary School 2.2 mi Public PK-2 F
Badger Rock Middle School 2.3 mi Public 6-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Madison, WI 53703

Median Age: 27.1
Married: 10%
Number of Households: 19,792
Households with Children: 3.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.