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115 N Hancock Street Madison, WI 53703
- 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.