909 Spaight Street
Madison,
WI
53703
Property Details
List Price: |
$1,400,000 |
Beds: |
5 |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Lauer Realty Group, Inc. |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1909 |
Notes: |
Fully rented, never vacant, 5 unit, once in a generation property situated on the shores of Lake Monona in one of Madison`s most desirable locations. A short walk to Capitol Square and in the heart of the Marquette neighborhood. Originally the M.H. Sater Apartment Building, this classic American Foursquare was built in 1907. 40 ft of lake frontage, the lot is long and is terraced in the back. The exponential growth potential for net income in 2025 is outstanding!! A unique combination of units, comprised of a studio, a 1 bedroom, two, 2 bedroom apartments and a two story 5 bedroom apartment. Several garden plots on the lake and kayak storage. Updates include electrical service for the entire building, new water softener and south side dormer rebuild. This is a special place!!! |
MlsNumber: |
1975327 |
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Listing Provided By: |
Lauer Realty Group, Inc., original listing |
Name: |
Lauer Realty Group, Inc. |
Phone: |
(608) 467-3220 |
Office Name: |
Lauer Realty Group, Inc. |
Office Phone: |
(608) 467-3220 |
Agent Name: |
Mark Gladue |
Disclaimer: |
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. |