101 Franklin St Madison, WI 53703
- Dormitories
Current Use by Public Records
- Church / Church
- Zane Williams Photography / Photographer
Property Details for 101 Franklin St
- Property type
- Dormitories
- Property subtype
- Student housing
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.3807
- Latitude
- 43.079
