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Listed price in listed location currency (USD).
$3,200,000

000

MLS® 2023686

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 2
Approx. Age 1909
MLS® Number 2023686

Property Address: 126-120-126 N Franklin St, Madison, WI, 53703-2310

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own the 120–126 N. Franklin St portfolio, a 6-unit, 27-bedroom side-by-side investment property in a premier rental location near James Madison Park. This exceptionally well-maintained portfolio offers strong in-place income, consistent tenant demand, and easy leasing year after year. The property currently generates $315, 254 in annual income with pro forma projections of approximately $345, 410 for the 2027–2028 lease term. Features include 12 off-street parking stalls, attractive unit layouts, and a proven occupancy history in one of Madison’s most competitive rental markets. Opportunities to acquire a congruent, turnkey 27-bedroom portfolio of this size, condition, and location are exceptionally rare. Excellent long-term appreciation, cash flow, and development upside make this a portfolio standout.
MLS® Number2023686
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1909
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 18, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
120-126 N Franklin St, Madison, WI

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