736 East Johnson Street

Madison, WI 53703

$740,000
Price
2
Beds
4
Baths
1,736 Sq. Ft.
$426 / Sq. Ft.
1,736
Sq. Ft.
$426
per Sq. Ft.

Description

5 unit rental in the heart of the Isthmus, (2 bedroom & 4 Efficiencies) Unit #5 $960 leased until 8-14-25. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Seller has a few items in process. Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood...5 unit rental in the heart of the Isthmus, (2 bedroom & 4 Efficiencies) Unit #5 $960 leased until 8-14-25. Excellent rental property with strong financial and lease history. Seller has updated almost all the windows along with electric panel and water heater, boiler serviced regularly. Roof has been replaced while Seller has owned the property. Some minor updates are still needed, Seller has a few items in process. Nice sized back yard offers room for tenants to BBQ or have a fire pit. Neighborhood is seeing lots of redevelopment between East Wash & Johnson St. This site would be perfect for future redevelopment with lot size and or acquiring adjacent property. Basement light switch is in the ceiling as you walk through the door, boiler room light is in room to right of boiler room.
  1. Listed by Jim Wilson • Restaino & Associates ERA Powered • Pref: 608-474-0306

Property Details for 736 East Johnson Street

Zoning
R5

Location

Listing Courtesy of Restaino & Associates ERA Powered
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LISTING UPDATED: 04/15/2024 09:15 PM

Property Details for 736 East Johnson Street

StatusActive
MLS #1974041
Days on Market29
Taxes$7,223 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built1885
CountyDane County

Location

Listing Courtesy of Restaino & Associates ERA Powered
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Building Information for 736 East Johnson Street

Building/Complex736 E Johnson StFloor-Stories-Residences5Pet Policy-Year Built1885Building Size-

Payment Calculator

$4,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,038

Property Taxes

$602

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 736 East Johnson Street

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: Johnson St, between Blount & Livingston.
  • Location: MADISON - C E01
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53703
Parking
  • Park/Unit: Outside
  • Parking Spaces Outside: 0
  • Parking Stalls Inside: 0
School Information
  • Elementary: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $7,223.00
  • Parcel ID: 0709-132-1423-8
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 320000
  • Land Assess: $80,000.00
  • Legal Documents: Joint driveway agreement, Lease(s) on file, Condition report on file
  • Total Assess: $400,000.00
  • Total Assess Year: 2023
  • Type: Apartment building
  • Year Built: 1885
Lot Information
  • Estimated Total Acres: 0.1
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Wood, Other
Interior Features
  • Items Included: 5 stoves, 5 refrigerators
  • Items Excluded: Tenants property, water softener is a rental
  • Number of Dish Washers: 0
  • Number of Dryers: 0
  • Number of Furnaces: 1
  • Number of Stoves: 5
  • Number of Refrigerators: 5
  • Number of Washers: 0
  • Number of Water Heaters: 1
  • Number of Water Softeners: 1
  • Basement: None
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Number of Efficiencies: 4
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 5
Income & Expenses Information
  • Net Operating Income: $51,105
  • Total Expenses: $13,515
  • Total Income: $64,620
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: Yes
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Wood or sim. wood floor,Shared basement
  • U1 Parking: Street
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 836
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Bedroom 2 Level: M
  • Unit 1 Bedroom 2 Dimensions: 11x12
  • Unit 1 Kitchen Dimensions: 11x11
  • Unit 1 Living/Great Room Dimensions: 13x13
  • Unit 1 Primary BedRoom Dimensions: 11x13
Unit 2
  • U2 Landlord Pays Heat: Yes
  • U2 Landlord Pays Electric: Yes
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Balcony/patio,Range/oven,Refrigerator,Wood or sim. wood floor
  • U2 Parking: Street
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Kitchen Dimensions: 8x12
  • Unit 2 Living/Great Rm Dimensions: 0x0
  • Unit 2 Primary BedRm Dimensions: 15x11
  • U2 Number of Bedrooms: 0
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 300
Unit 3
  • Unit 3: Balcony/patio,Range/oven,Refrigerator,Wood or sim. wood floor
  • U3 Parking: Street
  • U3 Number of Bedrooms: 0
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 300
  • U3 Landlord Pays Heat: Yes
  • U3 Landlord Pays Electric: Yes
  • U3 Landlord Pays Water/Sewer: Yes
Unit 4
  • Unit 4: Range/oven,Refrigerator,Wood or sim. wood floor
  • U4 Half Baths: 0
  • U4 Parking: Street
  • U4 Number of Bedrooms: 0
  • U4 Full Baths: 1
  • U4 Landlord Pays Heat: Yes
  • U4 Landlord Pays Electric: Yes
  • U4 Landlord Pays Water/Sewer: Yes
  • U4 SqFt: 300

Property History for 736 East Johnson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 736 East Johnson Street

Taxable ValueLand$73,000Additions$292,000Total$365,000
Tax Record2021$6,729 ($561 / month)
Home Facts
Baths5Total Finished SqFt2,490 SqFtAbove Grade Finished SqFt2,490 SqFtStories2Lot Size4,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1885Year Renovated1948ZoningTR-V2 WP-24CountyDANEAPN0709-132-1423-8

Schools near 736 East Johnson Street

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 - 6 to 8
Rating
School
Distance
Lapham Elementary School
PublicPK to 2

O'keeffe Middle School
Public6 to 8

East High School
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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736 East Johnson Street is a multi-family home for sale in Madison, WI 53703. This property was listed for sale on April 5, 2024 by Restaino & Associates ERA Powered, it's currently listed at $740,000. It has been on the market for a total of 29 days and was last sold on August 28, 2006. This listing's school district is Madison Metropolitan School District. Nearby schools include Lapham Elementary School, O'keeffe Middle School and East High School. 736 East Johnson Street is a 2-bed, 4-bath, 1,736 sqft multi-family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Restaino & Associates ERA Powered

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/15/2024 09:15 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved