Active

909 Spaight Street

Madison WI, 53703

$1,400,000


Active

9 Beds

5 Baths

Multi-family

Built in 1909

Listed by Lauer Realty Group, Inc.

Fully rented, never vacant, 5 unit, once in a generation property situated on the shores of Lake Monona in one of Madison's most desirable locations. A short walk to Capitol Square and in the heart of the Marquette neighborhood. Originally the M.H. Sater Apartment Building, this classic American Foursquare was built in 1907. 40 ft of lake frontage, the lot is long and is terraced in the back. The exponential growth potential for net income in 2025 is outstanding! A unique combination of units, comprised of a studio, a 1 bedroom, two, 2 bedroom apartments and a two story 5 bedroom apartment. Several garden plots on the lake and kayak storage. Updates include electrical service for the entire building, new water softener and south side dormer rebuild. This is a special place!

1975327

MLS ID

May 9, 2024

Updated

Map

909 Spaight Street
Madison WI, 53703

Interior Features

Bedrooms

9


Total Bathrooms

5


Appliances

Refrigerator, Dryer, Water Softener


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Waterfront


Sewer

Public Sewer

School Information

School District

Madison


High School

East


Elementary School

Lapham/Marquette

Other Property Details

Area Name

MADISON - C E01


Taxes

$21,389


Tax Frequency

Annually


Days on Market

13


Garage

No


View

No


County

Dane


Water Source

Public


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

5/6/2024

Price Change

$1,400,000

-20%

Listed by Mark Gladue with Lauer Realty Group, Inc. 6086580467 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

© 2024 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.

Data last updated 9:06 AM UTC, 5/9/2024

Powered byLuxury Presence