• Asking Price $1,135,000
  • 115 N Hancock Street Madison, WI 53703

  • 4 Beds
  • Other / Resale (MLS)

Property Details for 115 N Hancock Street, Madison, WI 53703

Features

  • Total Units: 4
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Basement
  • Heating: Forced Air Heating

Facts

  • Year Built: 01/01/1915
  • Property ID: 891310787
  • MLS Number: 1964317
  • Property Type: Other
  • County: DANE
  • Listing Status: Active

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. RARE ISTHMUS INVESTMENT OPPORTUNITY to purchase two adjoining properties in downtown Madison as a Possible Redevelopment Site or keep these well maintained, professionally managed buildings with the same owner(s) for the past 16 years in your investment portfolio. Sales of Parcel #0709-133-2115-8 (115 N Hancock) & Parcel #0709-133-2114-0 (121 N Hancock) will be contingent upon the simultaneous sale and closing of the adjacent property. Total NOI includes 13 parking stalls rented at $150 per stall *There is a total of 16 parking stalls. Please see attached documents for additional Financial/Building Information. (IMPORTANT ~ MLS #1964317 @ $1,135,000. and MLS #1964319 @ $962,000. MUST be Sold together) Gross Rent Multiplier equals 11.88..

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Property Brokerage: Restaino & Associates ERA Powered 6131 Nesbitt Rd Ste 300 Fitchburg WI 53719
Copyright © 2024 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.