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1111 E Gorham St,  Madison,  WI  53703 $385,000 Sold
1111 E Gorham St,  Madison,  WI  53703
$385,000
Sold
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 Property Type Multi Family
 Parcel # 0709-131-1108-8
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1882671
 Listing Date 05/01/2020
 Sold Price $360,500
 Close Date 12/31/2020 12:00 AM

MLS Public Remarks  Three story 2-unit with separate utilities, tenants pay own heat and electric. First Floor: charming one bedroom with hardwood floors, pocket doors, eat-in kitchen, living room and parlor. Potential to make it your own. Second & Third Floors: are combined into a very spacious 4 bedroom apartment with 2 full baths and a huge rear, screened-in porch. Currently Apt # 2 is leased to only 2 residents. Potential in future to rent to 4 x $ 550-600/mo for $2,200 to $2,400/mo. rent. This unit includes 3 parking spaces. Need to wear masks for showings.
Documents and Related Links  
1) LBP
2) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  1111 E Gorham St
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1904
  • # Furnaces  3
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  1
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  2020
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $81,300
  • Improvements  $233,000
  • Total Assessment  $314,300
  • Net Taxes  $6,607
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.09
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Dining room, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 2  Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Vaulted ceiling(s), Wood or sim. wood floor
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 1 0 90 day $945 1,132 2 Space No No Yes
    2 4 2 0 7-31-21 $1515 1,616 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Meyer Realty & Management Inc