
Courtesy of: Imani Jones, EXIT Realty HGM, imani@exithgm.com
$650,000
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5 bed
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2.00 Bath (2 Full)
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Lot: 0.08 Acres
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Single Family Residence
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$650,000
126 N Franklin Street Income properties this close to downtown Madison rarely pencil this well. Just around the corner from James Madison Park, this 5-bed, 2-bath rental is consistently easy to lease thanks to its unbeatable location near campus, downtown restaurants, nightlife, and the lake. Currently rented at $4, 295/month with projected rents up to $4, 750/month, there’s immediate upside for the next owner. The property has been well maintained with mostly vinyl windows, 2 parking spaces plus a moped spot, and very little yard maintenance. Tenants cover all expenses, making this an attractive low-maintenance investment opportunity with strong returns. Also available as part of the 120–126 N Franklin portfolio, offering a rare opportunity to acquire a side-by-side 27-bedroom investment property with significant long-term upside and future redevelopment potential.
Courtesy of: Imani Jones, EXIT Realty HGM, imani@exithgm.com
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