836 East Gorham Street

Madison, WI 53703

$474,900
Price
5
Beds
2
Baths
2,304 Sq. Ft.
$206 / Sq. Ft.
2,304
Sq. Ft.
$206
per Sq. Ft.

Description

2-unit apartment building leased thru August 14, 2025! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use....2-unit apartment building leased thru August 14, 2025! Investment opportunity on the near east side of Madison. Always rented due to location. Main level apartment has a private entrance, in-unit laundry, and off-street parking! The other apartment is a large 4-bedroom that spans both the 2nd and 3rd floors. Very popular floorplan. 2 of the 3 floors have hardwood flooring. Entire roof was replaced 1 year ago! Building was sprinklered to comply with city of Madison code to authorize 3rd floor use. Total gross annual income is $43,200. Priced at a 11 GIM and BELOW the assessed value! Check public documents for a whole bunch of additional information like income and expenses, building floorplan, and a full updates and features list with dates of replacements for capital improvements.
  1. Listed by Matthew Pantzlaff • Homestead Realty

Property Details for 836 East Gorham Street

Subdivision
Prospect Place
Zoning
TR-V2
LISTING UPDATED: 09/05/2024 08:48 PM

Property Details for 836 East Gorham Street

StatusActive
MLS #1982216
Days on Market46
Taxes$8,245 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 flat-up and down
Year Built1899
Lot Size0.07 AC / 2,962 SF
CountyDane County

Building Information for 836 East Gorham Street

Stories-Residences2Year Built1899Building Size-Lot Size0.07 AC / 2,962 SF

Property Information for 836 East Gorham Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: One way street. Located between N Paterson and N Livingston.
  • Lake/River: None
  • Location: MADISON - C E01
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53703
Parking
  • Park/Unit: 2 spaces, Outside
  • Parking Spaces Outside: 6
  • Parking Stalls Inside: 0
School Information
  • Elementary: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $8,245.00
  • Parcel ID: 0709-132-0713-4
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 378000
  • Land Assess: $109,800.00
  • Legal Documents: Joint driveway agreement, Weatherizations cert., Certificate of occupancy, Lease(s) on file, Income/Exp Report Avail, Condition report on file
  • Miscellaneous: Close to bus line, Water Softener Owned, Building Sprinkler System, Internet - Cable
  • Total Assess: $487,800.00
  • Total Assess Year: 2024
  • Type: 2 flat-up and down
  • Year Built: 1899
Lot Information
  • Estimated Total Acres: 0.068
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Stone
Interior Features
  • Items Included: In-unit Appliances, Review Addendum R
  • Items Excluded: Tenant's Personal Property
  • Number of Dish Washers: 2
  • Number of Dryers: 2
  • Number of Furnaces: 1
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 2
  • Number of Water Heaters: 1
  • Number of Water Softeners: 1
  • Basement: Full, Other foundation
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 1
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 1
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 2
Income & Expenses Information
  • Total Income: $43,200
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer,In-unit laundry,Wood or sim. wood floor
  • U1 Parking: 2 Space
  • U1 Number of Bedrooms: 1
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 901
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 10x10
  • Unit 1 Living/Great Room Dimensions: 10x10
  • Unit 1 Primary BedRoom Dimensions: 10x10
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor
  • U2 Parking: 2 Space
  • U2 Number of Bedrooms: 4
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 1403

Property History for 836 East Gorham Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 836 East Gorham Street

Taxable ValueLand$109,800Additions$346,100Total$455,900
Tax Record2022$8,279 ($690 / month)
Home Facts
Baths2Total Finished SqFt1,802 SqFtAbove Grade Finished SqFt1,802 SqFtStories3Lot Size2,960 SqFtStyleDuplexYear Built1899Year Renovated1970ZoningTR-V2 WP-24CountyDANEAPN0709-132-0713-4

Schools near 836 East Gorham Street

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Lapham Elementary School
PublicPK to 2

O'keeffe Middle School
Public6 to 8

East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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836 East Gorham Street is a multi-family home for sale in Madison, WI 53703. This property was listed for sale on July 25, 2024 by Homestead Realty, it's currently listed at $474,900. It has been on the market for a total of 46 days and was last sold on April 3, 2015. This listing's school district is Madison Metropolitan School District. Nearby schools include Lapham Elementary School, O'keeffe Middle School and East High School. 836 East Gorham Street is a 5-bed, 2-bath, 2,304 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homestead Realty

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/05/2024 08:48 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved