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1010 E Gorham St,  Madison,  WI  53703 $475,000 Sold
1010 E Gorham St,  Madison,  WI  53703
$475,000
Sold
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 Property Type Multi Family
 Parcel # 0709-132-0214-2
 County Dane
 Sub Area E01
 Municipality Madison
 MLS# 1929003
 Listing Date 03/08/2022
 Sold Price $475,000
 Close Date 04/12/2022 12:00 AM

MLS Public Remarks  Charming historic 2 flat on the Isthmus in the heart of the Tenney Lapham neighborhood. Original features include wood floors, large bay windows, leaded glass, high ceilings, beautiful woodwork & pocket doors. Huge finished walk-up attic with a bedroom and 2 bonus areas, large front porch, two 3 season porches (one on each floor), 2 off-street parking spaces and a backyard patio area. This is a great opportunity to add to your investment portfolio or owner occupy and rent (or airbnb) the other flat. The location is walking distance to Tenney Park, Olbrich Botanical Gardens and Park, James Madison Park, Downtown amenities and Campus.
Documents and Related Links  
1) Add S
2) RECR
3) Financials
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  E Gorham St Between Brearly And Ingersoll
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1900
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  1
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  1
  • Number of 3+ Bedrooms  1
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  11892
  • Net Operating Inc  18108
  • Year  2021
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Lapham/Marquette
  • Land Assessment  $83,600
  • Improvements  $320,100
  • Total Assessment  $403,700
  • Net Taxes  $8,319
  • Assessment Year  2021
  • Tax Year  2020
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-C4
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.08
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator, Shared Basement, Wood or sim. wood floor
  • Unit 2  Balcony/patio, Den/office, Eat-in kitchen, Range/oven, Refrigerator, Shared Basement, 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 2 1 0 8/14/2022 $1200 1,146 1 Space No Yes Yes
    2 3 1 0 4/7/2022 $1300 1,298 1 Space No Yes Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 2 Refrigerators, 2 stoves, 1 dishwasher, 1 washer, 1 dryer
    Items Excluded  Seller's and tenant's personal property, microwaves
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   2 flat
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Joint driveway agreement
  • Miscellaneous  Close to bus line, Internet - Cable, Shared laundry



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc