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Rare opportunity for a Mixed-use building on Park St available for sale. Major remodeling to the building in 2013: New electric, new water pipes, new HVAC systems, new windows & doors, new roof, new bathrooms, new flooring & new layout; 1st floor is office space; Owner is currently occupying one of the 5 office spaces; Monthly rent from the office rental $2800/Mo, Utility cost allocated to office tenants monthly; 2nd floor: Two 2-bedroom apartment units; Unit A $1600 /Mo & Unit B $1700/Mo starting 8/15/2023; Tenants pay all utilities; Partially finished basement for office storage and Coin-operated laundry area. Excellent Location: Near capital & UW Campus; Between St. Mary and Merritt hospitals. Park St by far is the most economically diverse area of Madison.
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Listing Office: Tri-River Realty