Presented by...
Paula Dollard
Mobile: (608) 469-3374
[email protected]

121 Langdon St,  Madison,  WI  53703 $1,900,000 Sold
121 Langdon St,  Madison,  WI  53703
$1,900,000
Sold
More Photos
 Property Type Multi Family
 Parcel # 0709-144-1103-1
 County Dane
 Sub Area W01
 Municipality Madison
 MLS# 1936544
 Listing Date 06/01/2022
 Sold Price $1,865,000
 Close Date 10/07/2022 12:00 AM

MLS Public Remarks  Great opportunity to own a timeless, historic home on one of Madison most iconic streets at a price that can generate meaningful cashflow. With over $220,000 of recent exterior renovations, this property offers years of low maintenance operation. This property can be leased as 4 separate units, or as a whole, 18 bedroom + den fraternity/sorority. Additionally, there are 8 oversized parking spaces. Offered with a Gross Rent Multiple under 10 with market rents.
Documents and Related Links  
1) Floorplans
2) RECR ADD S 121 Langdon St
3) Rental Income History
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  N Park St To East On Langdon St.
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1886
  • # Furnaces  4
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  4
  • # Washers  4
  • # Dryers  4
  • # Units w/AC  3
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  4
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  West
  • Middle  Hamilton
  • Elementary  Franklin/Randall
  • Land Assessment  $363,000
  • Improvements  $1,258,000
  • Total Assessment  $1,621,000
  • Net Taxes  $38,711
  • Assessment Year  2022
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  HIS-L
  • Subdivision  Langdon Street
  • Name of Lake/River  
  • Est. Total Acres  0.25
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Dishwasher, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Dishwasher, Range/oven, Refrigerator, Washer/dryer
  • Unit 3  Dishwasher, Range/oven, Refrigerator, Washer/dryer
  • Unit 4  Dishwasher, Range/oven, Refrigerator, Washer/dryer
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 3 1 0 8/14/22 $3080 1,675 2 Space No No Yes
    2 5 2 1 8/14/22 $2895 2,107 2 Space No No Yes
    3 5 2 0 8/14/22 $3680 2,071 1 Space No No Yes
    4 5 2 0 8/14/22 $3740 1,728 1 Space No No Yes
    Items Included 4 stove/ovens, 4 refrigerators, 4 dishwashers, 4 stackable washer/dryers
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Partially finished
    • EXTERIOR FEATURES  
  • Type   3 story
  • Parking per Unit  Outside, Parking fee
  • Barrier-free Features  
  • Exterior  Brick, Stone
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Stark Company, Realtors