405 WASHBURN PL MADISON, WI 53703

Features

• Price/sqft: $235
• Lot Size: 5247 sq. ft.
• Total Units: 4
• Total Rooms: 3
• Room List: Bedroom 1, Bedroom 2, Basement
• Stories: 200
• Roof Type: Asphalt
• Heating: Forced Air Heating
• Exterior Walls: Siding (Alum/Vinyl)

Facts

• Year Built: 01/01/1907
• Property ID: 836908437
• MLS Number: 1968080
• Parcel Number: 0709-132-0710-0
• Property Type: Single Family Home
• County: DANE
• Legal Description: PROSPECT PLACE SUBDIVISION, BLK 2, LOT 23 & SE 1/2 OF LOT 22.
• Zoning: TR-V2
• Listing Status: Active

Pre-Foreclosure Info

• Recording Date: 03/09/2012
• Recording Year: 2012

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 and 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 and 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out until 2025. 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...