
Courtesy of: Jo Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com
$550,000
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12 bed
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Lot: 0.26 Acres
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Other
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$550,000
5837 Raymond Road No Showings until 3/6. Investor opportunity with immediate upside potential. This solid brick 4-unit offers rare, oversized 3-bedroom layouts with 1 to 2.5 baths, making it highly attractive to long-term tenants and future rent growth. Current leases are MTM, providing flexibility for a new owner to reposition rents toward market levels, estimated around $1, 800 per unit. The partially finished lower level presents potential for an additional unit or added income space (buyer to verify). Key improvements include roof and front windows approximately 10 years old along with some newer water heaters. Well located on Madison’s west side near major employers, shopping, and transit corridors, this property offers both stability and long-term appreciation potential. See 5710 Russett Road, Madison — seller is open to selling both together.
Courtesy of: Jo Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com
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