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219 N Frances Street Madison, WI 53703 • Multi Unit - Multiple • Active

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New - 36 Hours Ago
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Description

The location that can't be beat! This is a once in a generation opportunity to own an all brick 30 unit apartment building with Witte Hall and the Kohl Center as your front yard! This property is a mix of studios and one bedroom apartments & has 10 dedicated off street parking spaces. Current annual income is over $500K. All new electric, updated exterior, remodeled units, ~7 year old roof & fully leased through Fall 2027. This building is known as the "Courtside Apartments", as you literally walk out the front door to watch the badgers play on game days! Walkable to everything on campus and downtown Madison. This property is ready for the next generation to own it and love it for decades ahead.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: West
Listed By:
The Hub Realty 608-556-4400
SCWMLS

Units

Unit 1:
Full Baths: 1
Unit 2:
Full Baths: 1
Parking Description: Street
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
$6,250,000
Est. $44,207/mo

Listing Courtesy of: The Hub Realty
Agency Phone: 608-556-4400
IDX logo


New to the Market Active
BEDS0 BATHS MLS#2035984
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison
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Shown By

Ray McDevitt
 (563) 940-0754

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219 N Frances Street, Madison, WI 53703.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $6,250,000$6,250,000
Down Payment $218,750$1,250,000
Monthly Mortgage Amount $40,314$33,686
Taxes $8698$8698
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $3,752$0
Monthly Estimated Total $54,587$44,207

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