121 Langdon St, Madison, WI

121 Langdon St, Madison, WI
  • $1,900,000

Description

Great opportunity to own a timeless, historic home on one of Madison most iconic streets at a price that can generate meaningful cashflow.  With over $220,000 of recent exterior renovations, this property offers years of low maintenance operation. This property can be leased as 4 separate units, or as a whole, 18 bedroom + den fraternity/sorority.  Additionally, there are 8 oversized parking spaces.  Offered with a Gross Rent Multiple under 10 with market rents.
MLS #:19365441936544 Listed By: Susi Haviland of Stark Company, REALTORS

  • Address 121 Langdon St
  • City Madison
  • Area Madison - C W01

Details

Updated on July 21, 2022 at 12:00 am
  • Property ID: 3405749
  • Price: $1,900,000
  • Land Area: 162540 sqft
  • Year Built: 1886
  • Property Type: Multi Family

Additional details

  • Mls #: 1936544
  • Status: Offer-Show
  • Class: Multi Family
  • List Price: 1900000
  • Address: 121 Langdon St
  • Location: MADISON - C W01
  • County: Dane
  • C/t/v: City
  • Year Built: 1886
  • Subdivision: Langdon Street
  • Number Of Units: 4
  • Total Income: 162540
  • Unit 1: Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • Unit 1: LL
  • U1 Lease Expiration Date: 8/14/22
  • U1 Parking: 2 Space
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Wtr/sew: Yes
  • U1 # Bedrooms: 3
  • U1 Full Baths: 1
  • U1 Sqft: 1675
  • Unit 1 Kitchen Lvl: L
  • Unit 1 Living/great Rm Lvl: L
  • Unit 1 Master Bedrm Lvl: L
  • U1 Mo Rent: 3080
  • Unit 2: Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • Unit 2: 2
  • U2 Lease Expiration Date: 8/14/22
  • U2 Parking: 2 Space
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Wtr/sew: Yes
  • U2 # Bedrooms: 5
  • U2 Full Baths: 2
  • U2 Half Baths: 1
  • U2 Sqft: 2107
  • Unit 2 Kitchen Lvl: M
  • Unit 2 Living/great Rm Lvl: M
  • U2 Mo Rent: 2895
  • Unit 3: Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • Unit 3: 3
  • U3 Lease Expiration Date: 8/14/22
  • U3 Parking: Yes
  • U3 # Bedrooms: 5
  • U3 Full Baths: 2
  • U3 Sqft: 2071
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Wtr/sew: Yes
  • U3 Mo Rent: 3680
  • Unit 4: Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • Unit 4: 4
  • U4 Lease Expiration Date: 8/14/22
  • U4 Parking: Yes
  • U4 # Bedrooms: 5
  • U4 Full Baths: 2
  • U4 Sqft: 1728
  • U4 Landlord Pays Heat: No
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Wtr/sew: Yes
  • U4 Mo Rent: 3740
  • Est. Total Acres: 0.25
  • Heating Type: Forced air
  • Heating Fuel: Natural Gas
  • # Water Heaters: Yes
  • # Water Softeners: Yes
  • # Stoves: 4
  • # Refrigerators: 4
  • # Dish Washers: 4
  • # Washers: 4
  • # Dryers: 4
  • # Units W/ac: 3
  • # Furnaces: 4
  • Parking Spaces Outside: 8
  • Number Of 3+ Bedrooms: 4
  • School District: Madison
  • High School: West
  • Middle School: Hamilton
  • Elementary: Franklin/Randall
  • Type: 3 story
  • Park/unit: Outside,Parking fee
  • Exterior: Brick,Stone
  • Basement: Full,Partially finished
  • Water/waste: Municipal water,Municipal sewer
  • Utilities: Separate elec meters,Separate gas meters
  • Items Included: 4 stove/ovens, 4 refrigerators, 4 dishwashers, 4 stackable washer/dryers
  • La1agent First Name: Susi
  • La1agent Last Name: Haviland
  • Lo1office Name: Stark Company, REALTORS
  • Virtual Tour: https://flic.kr/s/aHBqjzTdvD

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange display programs of the South Central WI MLS. Real Estate listings from SCWMLS held by brokerage firms other than The Kruse Company include the name of the listing broker. This information, provided by seller, listing broker, and other parties, may not have been verified. The material at this site is provide solely for informational purposes. The Kruse Company is not making any warranties or representations concerning any of these properties including their availability. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Information at this site is deemed reliable but not guaranteed.

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