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Discover an exceptional investment opportunity in the heart of Madison! This well-maintained four-unit property offers a perfect blend of location, potential, and income generation. This property features four spacious units: three two-bedroom, one-bath units and one three-bedroom, one-bath unit. There is potential for value-added improvements to increase property value and rental income. It is fully rented, providing immediate cash flow. The property has a strong rental history with consistent occupancy rates. Off-street parking is available for tenants. Don't miss out on this fantastic investment opportunity in Madison!
DAYS ON MARKET | 1 | LAST UPDATED | 3/3/2025 |
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YEAR BUILT | 1929 | COMMUNITY | Madison |
COUNTY | Morris | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | Madison |
BASEMENT | Unfinished, Yes |
CONSTRUCTION | Vinyl Siding |
HEAT | Baseboard, Natural Gas |
LOT | 0.37 acre(s) |
PARKING | Gravel |
SEWER | Public Sewer |
STYLE | Fourplex |
TAXES | 11450 |
UTILITIES | Natural Gas Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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