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1631 Jefferson Street Madison, WI 53711 • Multi Unit - Multiple • Active

  • 1631 Jefferson Street, Madison, WI 53711 Main Photo

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Description

2-unit duplex (3BR/1BA and 1BR/1BA) minutes from UW-Madison, UW Hospitals, Camp Randall, Henry Vilas Zoo, and Monroe Street. Currently rented as a single house for $5,250/mo, with the option to split back into two units ? each already separately metered for electric, gas, and water. Eat-in kitchens, wood-style floors, and a balconies in each unit. Furnaces replaced in 2014 and 2020, water heater replaced in 2020. The back yard has room for an ADU ? a third income stream if you want to pursue it (check with the City on zoning/permitting). On-site coin laundry, 4 parking spaces (Great for gameday parking), and a walkable location near campus, hospitals, and Monroe Street's shops and restaurants make this a strong hold for tenant demand. See attached docs for potential ADU project. See City of Madison Website for updated ADU rules.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Dane
High School: West
Listed By:
@properties-elleven Christie's International Pref: 608-772-7462
SCWMLS

Units

Unit 1:
Bedrooms: 3
Full Baths: 1
Parking Description: 2 Space
Square Feet: 1057
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 2 Space
Square Feet: 672
$725,000
Est. $5,226/mo

Listing Courtesy of: @properties-elleven Christie's International
Agency Contact: Pref: 608-772-7462
IDX logo


Active
BEDS0 BATHS MLS#2032754
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMadison

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Sydney Freeman


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1631 Jefferson Street, Madison, WI 53711.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $725,000$725,000$725,000
Down Payment $145,000$25,375$181,250
Monthly Mortgage Amount $4,006$4,796$4,774
Taxes $1009$1009$1009
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$319$0
Monthly Estimated Total $5,226$6,335$5,994

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