124 N Franklin St, Madison, WI 53703
- $900,000
Courtesy of Imani Jones with EXIT Realty HGM. 608-563-2272
- List Price
- $900,000
- Status
- ACTIVE
- MLS#
- 2023681
- Acres
- 0.08
- Year Built
- 1882
Property Description
Rarely do you find a 2-flat with this much size, income, and upside all in one package! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100/month with potential to push rents beyond $8,200/month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential.
/u.realgeeks.media/ryandahl/FHM_logo.png){kind=logo}
Additional Information
- School District
- Madison
- Elementary School
- Lapham/Marquette
- Middle School
- OKeeffe
- High School
- East
Mortgage Calculator
This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing.