820-828 E Dayton Street, Madison, WI 53703
820-828 E Dayton Street, Madison, WI 53703
820-828 E Dayton Street, Madison, WI 53703
820-828 E Dayton Street, Madison, WI 53703
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Listed by Conrad Development LLC • info@conraddevelopment.com
$ 2,100,000
Est. payment | /mo

7 Beds

4 Baths

3,007 SqFt


Save
$ 2,100,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,007 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 flat-up and down

Listing Status Active

Purchase Type For Sale

Square Footage 3,007 sqft

Price per Sqft $698

MLS Listing ID 2019012

Bedrooms 7

Full Baths 4

Year Built 1897

Annual Tax Amount $35,550

Tax Year 2025

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Apartment building,2 flat-up and down

Property Description

Rare 4-parcel, 7-unit portfolio in Madison's core Isthmus - the city's 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.

Location

State WI

County Dane

Area Madison - C E01

Zoning TR-V1

Direction E Dayton St between Paterson between Livingston and Paterson.

Rooms

Basement Full

Interior

Heating Radiant

Inclusions All appliances, mechanicals, window coverings.

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, 2 spaces, Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Wood

Schools

Elementary Schools Lapham/Marquette

Middle Schools Okeeffe

High Schools East

School District Madison

South Central Wisconsin MLS (SCWMLS)

Nearby Locations

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
Public Services & Government
  • The Spot

    827 E Johnson St, Madison, WI 53703

    Bars Phone: 608-251-7768

  • The Caribou Tavern

    703 E Johnson St, Madison, WI 53703

    Burgers Phone: 608-257-5993

  • Salvatore’s Tomato Pies

    912 E Johnson St, Madison, WI 53703

    Mexican Phone: 608-238-6040

  • Johnson Public House

    908 E Johnson St, Madison, WI 53703

    Pubs Phone: 608-347-0483

  • West Side Club

    437 Cty Tk M, Madison, WI 53703

    Phone: 608-833-6355

  • Hog Wild Bbq Competition

    1208 E Johnson St, Madison, WI 53703

    Barbeque Phone: 608-663-2735

  • Forequarter

    708 E Johnson, Madison, WI 53703

    American (New) Phone: 608-609-4717

  • Sujeo

    10 N Livingston St, Madison, WI 53703

    Asian Fusion Phone: 608-630-9400

  • Avenue Club and the Bubble Up Bar

    1128 E Washington Ave, Madison, WI 53703

    Cocktail Bars Phone: 608-257-6877

  • Baldwin Street Grille

    1304 E Washington Ave, Madison, WI 53703

    American (Traditional) Phone: 608-442-8400

  • Pasqual’s Cantina

    1344 E Washington Ave, Madison, WI 53703

    Mexican

  • Sophia’s Bakery & Cafe

    831 E Johnson St, Madison, WI 53703

    Bakeries Phone: 608-259-1506

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Beiser Info
Beiser Info

+1(920) 582-4011 | info@beiserrealty.com

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