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105 1/2 State Street 105 1/2 State St 8 Unit Apartment Building $4,900,000 ($612,500/Unit) Madison, WI 53703
EXECUTIVE SUMMARY
This Beautifully preserved 4 story landmark building offers an exceptional investment opportunity, located just steps away from the state capital. Featuring 3 bustling storefronts and one office space on the ground floor, this property is a hub of activity. Above you'll find 8 fully occupied residential apartment, providing consistent rental income from long term tenants. With its prime location, historical charm, and fully occupied, this property is a solid addition to any investment portfolio. Whether you're seeking a reliable source of income or a piece of local history, this building offers both. Contact for more details or to schedule a viewing.
PROPERTY FACTS
| Price | $4,900,000 | Building Class | B |
| Price Per Unit | $612,500 | Lot Size | 0.05 AC |
| Sale Type | Investment or Owner User | Building Size | 8,929 SF |
| No. Units | 8 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1855 |
| Apartment Style | Low-Rise | ||
| Zoning | DC | ||
| Price | $4,900,000 |
| Price Per Unit | $612,500 |
| Sale Type | Investment or Owner User |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 8,929 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1855 |
| Zoning | DC |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Refrigerator
SITE AMENITIES
- Laundry Facilities
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 0709-231-0101-1 | Improvements Assessment | $1,275,000 |
| Land Assessment | $130,000 | Total Assessment | $1,405,000 |
PROPERTY TAXES
Parcel Number
0709-231-0101-1
Land Assessment
$130,000
Improvements Assessment
$1,275,000
Total Assessment
$1,405,000
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105 1/2 State Street | 105 1/2 State St
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