18 W Gilman St, Madison, WI 53703
- $975,000
Courtesy of Matt Apter with Cresa. 608-852-3001
- List Price
- $975,000
- Status
- ACTIVE
- MLS#
- 2032800
- Acres
- 0.10
- Year Built
- 1882
Property Description
Rare opportunity to own a 4-unit investment property in Madison's highly desirable Mansion Hill neighborhood. Excellent location near the Capitol, UW-Madison campus, State Street and downtown amenities. Property features a desirable unit mix consisting of one 3-bedroom, one 2-bedroom and two 1-bedroom apartments, plus a 2-car garage and 2 additional surface parking spaces. Proforma gross annual income of $81,422 with leases in place through August 14, 2027. Historic 1882 property features hardwood floors and ornate woodwork along with recent improvements including exterior painting (2026), new furnace (2025), EPDM roof and railing above garage (2024), partial roof shingle replacements and coin-operated dryer. Legacy property held by current ownership for 18 years.
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Additional Information
- Architecture
- Apartment
- Style
- Apartment
- Garage Description
- Attached
- School District
- Madison
- Elementary School
- Lapham/Marquette
- Middle School
- OKeeffe
- High School
- East
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