Skip To Content

405 Washburn Place

Madison, WI 53703
  • $610,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: 1968080
Price Reduced
UPDATED: 37 min ago
$610,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Madison Property Management, Inc.: 608-251-8777

Description

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 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 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.

Monthly Payment Calculator



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2024-03-03T14:42:04.787.
www.exithgm.com/homes/145777187
Print Image

405 Washburn Place Madison, WI 53703

  • Price: $610,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 37 min ago
  • ID#: 1968080
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1907
Built
Neighborhood:
Madison - C E01
County:
Dane
Area:
Madison - C E01
Elementary School:
Lapham/Marquette
Middle School:
Okeeffe
High School:
East
School District:
Madison
Property Description
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 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 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.
Exterior Features

Exterior VinylAluminum/Steel Parking Spaces Outside 0 Parking Stalls Inside 0 Type 2 story2 flat-up and down Unit1 Parking Street Unit2 Parking Street Unit3 Parking Street Unit4 Parking Street

Interior Features

Basement FullWalkout to yard Clothes Dryers 1 Clothes Washers 1 Dish Washers 0 Heating Type Forced air Number Of Efficiencies 2 Number Of One Bedrooms 2 Number Of Three Plus Beds 0 Number Of Two Bedrooms 0 Refrigerators 4 Stoves 4 Unit1 Family/Rec rmEat-in kitchen Unit1 Bedrooms 0 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Kitchen Dim 12x12 Unit1 Living Great Room Dim 12x14 Unit1 Master Bedroom Dim 0x0 Unit1 Sq Ft 500 Unit2 Family/Rec rmEat-in kitchen Unit2 Bedrooms 0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 500 Unit3 Family/Rec rmEat-in kitchen Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Sq Ft 650 Unit4 Family/Rec rmEat-in kitchen Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Sq Ft 650 Units With AC 0

Property Features

Association South Central WI City Town Or Village City County Quarter East Metro Madison Fuel Natural Gas Furnaces 1 Legal Documents Income/Exp Report Avail Mailing City Madison Net Taxes 8238 Open House No Park Unit Outside Source Acreage Assessor Tax Year 2022 Total Income 47040 Unit1 Rent 645 Unit2 Rent 890 Unit3 Rent 1095 Unit4 Rent 990 Utilities Separate elec meters Water Heaters 1 Water Softeners 0 Water Waste Municipal waterMunicipal sewer Year Built Source Assessor Zoning TRV2-WP24

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of Madison Property Management, Inc.: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty HGM. Data last updated: 2024-03-03T14:42:04.787.
 
https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1968080-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1968080-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1968080-2.jpg
Logo
EXIT Realty HGM
345 W Washington Ave
Madison WI, 53703
Listing provided by Madison Property Management, Inc.: 608-251-8777