Sold
509 E Gorham Street
Madison WI, 53703
$3,400,000
Sold
9 Beds
4 Baths
Multi-family
Built in 1890
Listed by The Hub Realty
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.
1984626
MLSⓇ ID
August 27, 2024
Listed
November 22, 2024
Updated
Map
509 E Gorham Street
Madison WI, 53703
Interior Features
Bedrooms
9
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Appliances
Water Softener
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.65 Acres
Sewer
Public Sewer
School Information
School District
Madison
High School
East
Elementary School
Lapham/Marquette
Other Property Details
Area Name
MADISON - C E01
Taxes
$51,458
Tax Frequency
Annually
Days on Market
10
Garage
No
Parking Total
8
View
No
County
Dane
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/21/2024 | Sold | $3,400,000 |
Listed by The Hub Team with The Hub Realty 6085564400 ]]
Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
© 2025 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.
Data last updated 6:12 AM UTC, 11/22/2024
