Property Description for 736 E Johnson Street, Madison, WI 53703
VRP $700,000-$740,000 unit rental in the heart of the Isthmus, (2 bedroom & 4 Efficiencies) Unit #5 $960 leased until 8-14-25. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Seller has a few items in process. Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood is seeing lots of redevelopment between East Wash & Johnson St. This site would be perfect for future redevelopment with lot size and or acquiring adjacent property.
- Number of Units: 5
- Type of Rental: Apartment building
- Year Built: 1885
- Taxes: $7,223
- Tax Year: 2023
- County: Dane
- Elementary School: Lapham/Marquette
- Middle School: OKeeffe
- High School: East
- MLS Number: 1974041
Unit 1
- Beds: 2
- Baths: 1 f | 0 h | 0 q
- Parking: Street
- Sq Ft: 836
Unit 2
- Beds: 0
- Baths: 1 f | 0 h | 0 q
- Parking: Street
- Sq Ft: 300
Unit 3
- Beds: 0
- Baths: 1 f | 0 h | 0 q
- Parking: Street
- Sq Ft: 300
Unit 4
- Beds: 0
- Baths: 1 f | 0 h | 0 q
- Parking: Street
- Sq Ft: 300