Home For Sale near Lake Mendota
120~122 N Franklin St is a rare opportunity to own a high~performing 3~flat investment property with an incredible 14 bedrooms in one of Madison's most desirable rental locations. Currently generating over $13,500/month in income with potential to exceed $14,500/month, this property offers immediate cash flow and strong upside potential. Located steps from James Madison Park, tenants love the oversized units, available parking, outdoor porches, and classic charm that make these apartments exceptionally easy to rent year after year. The property has been well maintained, including a newer boiler installation, making it an attractive option for investors seeking stability and long~term appreciation. Large unit sizes, premium location, and strong rental demand make this a truly rare Madison investment opportunity. The property is also being offered as part of the 120~126 N Franklin st portfolio. A rare side~by~side 27 bedroom opportunity with significant development potential...Property Details
- Beds: 14
- Baths: 7.0
- Year Built: 1909
- Location: Lake Mendota
- Acres: 0.080
- County: Dane County
- Roof:
- Stories: 3
- Property Taxes: $11,712
- MLS #: 2023684
Location
| Click on map to activate | |
|
|
| (Open in Google Maps) (Bing Map) (Mapquest Map) |
Contact Information:
|
||
|
Listing Agent: Imani Jones, Revival Realty Group, LLC, 608-395-7600, 608-438-6371 Listing Site, Listing Status: Active
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
|
||
Ad Statistics:
| Ad Number : | 7750747 |
| Viewed: | 42 times |
| Added: | May 19, 2026 |
| Updated on: | Jun 16, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
