Property Description for 618-622 S Park St, Madison, WI 53715
Rare opportunity for a Mixed-use building on Park St available for sale. Major remodeling was done to this old building in 2013: completely updated electric system, water pipes, HVAC systems, windows & doors, roof, bathrooms, flooring & new layout; First floor is office spaces; Owner is currently occupying one of the 5 office spaces; Two 2-bedroom apartments on the 2nd floor always fully leased, no vacancies at all; Apt B has a brand new kitchen in 2021, rent $1365 /Month; apt A $1340/Mo; Partially finished basement for office storage and Coin-operated laundry area. Excellent Location: Near capital & UW Campus; Between St. Mary and Merritt hospitals. Park St by far is the most racially and economically diverse area of Madison.
- Present Use: Living quarters, Office
- Total Operating Expense: $12,998
- Gross Sales: $0
- Location: Free standing, Near Major Highway, Near public transportatn
- Taxes: $9,470
- County: Dane
- Zoning: TSS
- Net Leasable SqFt: 4,050
- MLS Number: 1915649
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