101 Franklin StMadison, WI 53703

For Sale
$325,000

Prime Location, High Occupancy, Strong Returns

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully occupied, two-story student housing property in the heart of Madison, Wisconsin. Located at 101 N Franklin St, this property boasts a prime location just five blocks from the State Capitol, offering unparalleled convenience and high demand for student renters. The 985 square foot building features three bedrooms and one full bathroom, along with a kitchen, living room, and basement. Currently leased at $1,750 per month until August 14, 2025, with tenants responsible for all utilities, this property provides immediate cash flow. Four on-site parking stalls, each leased at $125 per month, generate additional income. The property sits on a 2,552 square foot lot and is zoned PD. This turnkey investment is ideal for those seeking a stable, high-yield asset in a thriving college town. The 100% occupancy rate and long-term lease demonstrate the strong rental demand and potential for continued growth. The asking price is $325,000. This is a rare opportunity to acquire a well-maintained, high-performing student housing property in a highly desirable location. Don't miss out on this chance to secure a profitable investment in Madison's vibrant rental market.

Highlights

  • $325,000 asking price.
  • Multifamily student housing property.
  • 985 square feet, 100% occupancy.
  • Three-bedroom, one-bathroom unit.
  • One two-story building on a 2,552 square foot lot.
  • Four parking spaces.

Property Details for 101 Franklin St

Property type
Multifamily properties, Dormitories
Buildings
1
Stories
2
Units
1

Location Insight

City
Madison
County
Dane
State
Wisconsin
Latitude
43.0789662
Longitude
-89.3807346
101 Franklin St, Madison, Wisconsin

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
101 Franklin St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message