$ 610,000 $ 634,500 3.9%

411 S Paterson Street

Madison, WI 53703

  • 5 Beds
  • 3 Baths
    Full Baths: 3
  • 2,336 SqFt
  • 1,742 Lot Size
  • 1898 Year Built
Marquette investment property boasts a fabulous location, tucked on a quiet street, close to BB Clark Beach, Willy Street eateries and cafes and walkable to downtown! Extensive renovations since 2016, including 3 new boilers, improvement of the 2nd floor floorplan & bathroom and kitchen updates. 1st floor offers 2 bdrms, LVP flrs in living, maple hardwood in bdrms, kitchen w/dishwasher & private 3 season room. 2nd floor offers 2 bdrms, maple hardwoods and private deck. 3rd floor offers 1bdrm, hardwood flrs, updated kitchen w/dishwasher. Building offers new roof '24, water heater '14, 3 new boilers '17 (tenants pay heat) , 3 100 amp electrical panels (Unit 2 & 3 tenants pay electric, unit 1 also serves shared spaces, so paid by owner) & insulated vinyl windows. Easy turn key rental w/small lot, so not a lot of exterior upkeep. Highly desirable rental market makes this the perfect investment.
Listed by Lauer Realty Group, Inc. , Sold By EXP Realty, LLC

PROPERTY DETAILS

  • Key Details

    Sold Price $610,0003.9%

    Property Type Multi-Family

    Sub Type Apartment building, 2 story

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 336 sqft

    Price per Sqft $261

    Subdivision Marquette

    MLS Listing ID 2014529

    Sold Date 04/03/26

    Bedrooms 5

    Full Baths 3

    Year Built 1898

    Annual Tax Amount $9,313

    Tax Year 2024

    Lot Size 1,742 Sqft

    Acres 0.04

    Property Sub-Type Apartment building,2 story

  • Location

    State WI

    County Dane

    Area Madison - C E01

    Zoning HIS-TL

    Direction Williamson St to S Paterson St.

  • Rooms

    Basement Full, Other foundation

  • Building

    Water Municipal sewer, Municipal water

    Structure Type Aluminum/Steel

  • Interior

    Heating Heat Pump

    Heat Source Natural Gas

  • Exterior

    Parking Features None

    Utilities Available Separate elec meters, Separate gas meters

  • Schools

    Elementary Schools Lapham/Marquette

    Middle Schools Okeeffe

    High Schools East

    School District Madison

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Liz Lauer

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