Listing Office: Conrad Development LLC - info@conraddevelopment.com

820-828 E Dayton Street, Madison, WI

$2,100,000

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About 820-828 E Dayton Street

Rare 4-parcel, 7-unit portfolio in Madisonâs core Isthmus - the cityâs most walkable, in-demand location. Combines true neighborhood feel w/immediate access to downtown, restaurants, grocery, entertainment, parks, major employers & the Capitol 8 blocks away. Includes 820, 822, 824 & 828 E Dayton St. Compelling opportunity for investors seeking current income+upside, multifamily developers pursuing scarce assemblage scale, & smaller owners wanting control of a rarely available Isthmus footprint. Opportunities to acquire this kind of assembly in this location are few & far between, which is exactly why the value proposition is so compelling. Pricing is competitive, current rents offer upside relative to price per SF, & raw land pricing for development has moved dramatically in recent years. Hold, renovate, reposition, or redevelop. Rare scale, rare location, rare opportunity. $165k gross revenue, $119,500 NOI Parcel #'s: 0709-132-1011-1, 0709-132-1012-9, 0709-132-1013-7, 0709-132-1014-5.

Features of 820-828 E Dayton Street

MLS® # 2019012
Price $2,100,000
Year Built 1897
Type Multi Family
Status Active

Community Information

Address 820-828 E Dayton Street
Area MADISON - C E01
City Madison
County Dane
State WI
Zip Code 53703

Amenities

Utilities Separate elec meters, Separate gas meters

Interior

Heating Radiant

Exterior

Exterior Wood

School Information

District Madison
Elementary Lapham/Marquette
Middle OKeeffe
High East

Additional Information

Zoning TR-V1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeConrad Development LLC
Contact Infoinfo@conraddevelopment.com

Listing Map

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