500 Mifflin St, Madison, WI 53703

0.3 Acres of Residential Land Offered at $2,900,000 USD in Madison, WI 53703

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $2,900,000

Property Type
Land

Listing Contacts

James Stopple
James Stopple
Verified Profile
Tony Xiong
Tony Xiong
Verified Profile
  • Property Info

Property Overview

Sale Includes 101-109 N Franklin St & 510 E Mifflin St. Madison WI 53703
These four unique multi-family apartment buildings are three blocks from James Madison Park on Lake Mendota, one block from the very active East Washington Avenue and five blocks from the Capitol Square. 510 E. Mifflin St. is a 4 unit rental which has beautiful architecture and woodwork. 103/105 N. Franklin St. is a 3 unit rental that was intentionally left vacant because of the need for restructuring of the front and back porches. The Seller will provide the Buyer with a $150,000 credit against the purchase price for the Buyer to redo the porches and address a basement water issue. 101 N. Franklin St. is a single family rental with 3 beds & 1 bath. 107-109 N. Franklin St. is a 2 unit rental. This block is Zoned as Planned Unit Development so someone could put up a four-story building on one or more of these parcels subject to final City approval.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Sale Includes 101-109 N Franklin St & 510 E Mifflin St. Madison WI 53703
  • 5 Blocks From Capital
  • Walking Distance to Lake Mendota
  • Near UW Campus

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