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Property view

509 E Gorham Street, 
Madison, WI 53703

$3,400,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

The Hub Team

The Hub Realty

MLS#

1984626

Source:

WI WIREX SCW

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About This Home

509 E Gorham Street

Once in a generation opportunity to secure 7 adjacent buildings on the Isthmus!!! 7 properties, 15 units & a total of 36 bedrooms. These properties are all fully leased through 8/14/2025 and are professionally managed by Birwood Property Management. Two properties overlook James Madison Park & Lake Mendota. All 7 properties are contiguous, allowing for ultimate flexibility on parking and efficient maintenance, lawn and snow care. These are being offered as a package, so please be prepared to submit an offer on all 7 properties prior to scheduling any showings. Market rents should be an average of $850-900/bedroom + parking + utility income + laundry.

Home Facts

Multi-Family

Built in 1890

Price Summary

3,400,000

MLS #:

1984626

Sold:

October 21, 2024


Structure

Structure

Year Built:

1890


Lot

Lot Size (Sq. Ft):

28,183


Finances & Disclosures

Finances

Price:

$3,400,000

Source:WI WIREX SCW
2025 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.