Overview

Listing ID:#20190452

Building SF:2,975

Parcel Size:0.13 Acres

Price:Negotiable

Property Type:Multi-Family

Date Available:Now

FOR SALE | 3-Unit Apartment Building - Willy Street / Marquette Near East Madison

Cresa is pleased to offer 1026 Spaight Street, a well-located 3-unit apartment building in Madison's highly desirable Willy Street / Marquette Near East Side neighborhood. This legacy property has been held by the current owner for over 45 years and offers stable income in a premier rental submarket. Highlights: *~2,975 SF building | ~2,325 SF living area *Unit Mix: 2BR + Den (~1,600 SF) and two 1BR units *Pro Forma Gross Income: ~$56,000/year *All leases in place through 7/31/2026 *2-car garage + driveway *Newer boiler, water heater & water softener *Hardwood floors, ornate woodwork, ample green space *Zoning: HIS-TL, TR-V1 Asking Price: Contact Broker for Pricing Guidance Contact: Matt Apter | 608.852.3001 | mapter@cresa.com TJ Blitz | 608.444.9440 | tblitz@cresa.com

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1923

Number of Floors:3

Number of Units:3

Zoning:TR-V1

Outside Parking:Yes

Outside Parking per 1,000 sf:3

Contact Listing Agent

Matt Apter

608-467-1534
608-852-3001

TJ Blitz, SIOR, CCIM

608-444-9440

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