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$610,000 / 2594ft2 - 405-409 Washburn Place Madison WI - 4 Unit Apartment FOR SALE (405-409 Washburn Place Madison WI 53703)

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2594ft2
license info: Madison Property Management, Inc.
405-409 Washburn Place Madison WI 53703
Asking Price $610,000


4 unit rental property located near the intersection of W. Gorham St. and Washburn Place just one block from Lake Mendota. Highly desirable location just one mile from downtown Madison and walking distance to many local restaurants, entertainment, Festival Foods and other retailers.

- Units 405 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each.
- Units 407 & 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each.

The current total monthly rent is $3,920/month for the 2023-2024 rental season.
Rents will increase to $5,065/month for the 2024-2025 rental season.



MPM Agent: Jim Stopple
Madison Property Management, Inc.
show contact info (ask for our real estate sales department)

https://www.madisonproperty.com/realestate

post id: 7739637423

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