405 Washburn Place
405 Washburn Place
$610,000
2
4
2,300
2,300
$265
Description
4 unit rental property located near the intersection of W. Gorham St. and Washburn Place just one block from Lake Mendota. Highly desirable location just one mile from downtown Madison and walking distance to many local restaurants, entertainment, Festival Foods and other retailers. Units 405 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out until 2025. The current total monthly rent is...4 unit rental property located near the intersection of W. Gorham St. and Washburn Place just one block from Lake Mendota. Highly desirable location just one mile from downtown Madison and walking distance to many local restaurants, entertainment, Festival Foods and other retailers. Units 405 & 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 & 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out until 2025. The current total monthly rent is $3,920/month for the 2023-2024 rental season. Rents will increase to $5,065/month for the 2024-2025 rental season.
- Listed by Jim Stopple • Madison Property Management, Inc.
- Listed by Tony Xiong • Madison Property Management, Inc.
Property Details for 405 Washburn Place
Zoning
TRV2-WP24
Location
LISTING UPDATED: 03/18/2024 02:35 PM
Property Details for 405 Washburn Place
Status | Active |
---|---|
MLS # | 1968080 |
Days on Market | 146 |
Taxes | $8,238 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 2 story |
Year Built | 1907 |
Lot Size | 0.12 AC / 5,227 SF |
County | Dane County |
Location
Building Information for 405 Washburn Place
Stories-Residences4Year Built1907Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$4,016 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 405 Washburn Place
Property History for 405 Washburn Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 405 Washburn Place
Taxable ValueLand$89,000Additions$331,000Total$420,000
Tax Record2021$7,761 ($647 / month)
Home Facts
Baths4Total Finished SqFt2,594 SqFtAbove Grade Finished SqFt2,594 SqFtStories2Lot Size5,247 SqFtStyleQuadraplexYear Built1907Year Renovated1966ZoningTR-V2 WP-24CountyDANEAPN0709-132-0710-0
Schools near 405 Washburn Place
This home is within Madison Metropolitan School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lapham Elementary School PublicPK to 2 | ||
O'keeffe Middle School Public6 to 8 | ||
East High School Public9 to 12 | ||
Aero Alt Ed Resource Option Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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