Patrick Sierra
BEDS0
BATHS
MLS#2023152
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison
Listing Courtesy of:
Madcityhomes.Com
Agency Contact: caleb@madcityhomes.com
Property Description
An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.05 Acres
Taxes: $12,341
Year Built: 1904
Units
Unit 1:
Bedrooms: 3
Full Baths: 1
Square Footage: 912
Unit 2:
Bedrooms: 3
Full Baths: 1
Square Footage: 912
Master Bedroom Dimensions: 11x10
Living/Great Room Dimensions: 12x11
Kitchen Dimensions: 13x11
Unit 3:
Bedrooms: 3
Feature Descriptions
Basement: Full
Building: 3+ Story
Data Source: WIREX_SCW
Exterior: Vinyl
Heating/Cooling: Forced Air
Heating Fuel: Natural Gas
Parking: 1 Space
Units: 3
Utilities: Separate Electric Meters
Water/Waste: Municipal Water, Municipal Sewer
Local Schools
High School: West
Middle School: Hamilton
Elementary School: Franklin/Randall
School District: Madison
Listed By / Shown By
Listed By
Agency Name: Madcityhomes.Com
Agency Contact: caleb@madcityhomes.com
Shown By
Agent Name: Patrick Sierra
Agent Phone: (608) 287-9525
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 8,553.10 per month $7,132.39 Principal & Interest $1,028.42 Property Tax $392.29 Homeowner's InsuranceChange Payment Information
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554 Mifflin Street | MLS# 2023152
This multi-family property located at 554 Mifflin Street, Madison, WI 53703 is currently listed for sale with an asking price of $1,345,000. Mifflin Street is located within the Madison school district. Search Madison real estate on psierra.starkhomes.com today.