522 E Main St - Apartments FOR SALE


Madison, WI 53703- Downtown Madison
$1,457,000 USD
608-251-8777
522 E Main St, Madison, WI for Sale
$1,457,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

522 E Main St
Madison, WI 53703
Downtown Madison


HIGHLIGHTS

  • 5 Blocks From Downtown Capital
  • 2 Buildings & 10 Parking Stalls
  • Excellent Location!

OVERVIEW

Downtown 5 unit rental (2 buildings) with 10 parking stalls located just 5 blocks from the Capital on the corner of E. Main St. & S. Blair St. 522 E. Main St. is a 2 flat with 2 units (2 beds & 3 beds + den). 524 E. Main St. is a 3 flat with 3 units (1 bed & two 2 beds). All 10 parking stalls and all 5 units are fully leased with a monthly gross income of $10,004/mo. and as of Sept. 2025 the monthly gross income will increase to $11,040/mo. Residents can enjoy the convenience of being within walking distance from the vibrant downtown scene, including the Capitol Square, farmers market, local eateries, entertainment and Lake Monona. Don't miss out on this exceptional investment opportunity. Zoned DR1, WP-17, HIS-FS

FOR SALE DETAILS

PRICE

$1,457,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

5

PRICE/UNIT

$291,400

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capital Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

DR1

APN/PARCEL ID

0709-133-1607-6

ASK ABOUT THIS PROPERTY

James StoppleMadison Property Management, Inc.More Info
608-251-8777

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James StoppleMadison Property Management, Inc.More Info
608-251-8777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.