450 W DOTY ST
MADISON, WI 53703

Rare investment opportunity to own a 5-unit on the isthmus; property offered under assessment, seller looking to downsize. Unit 5 is mo-to-mo w/lease ending 7/27/2024; $1,000@mo +$85 parking; private rear deck, 2 separate living rooms. 1 driveway parking space, street parking for others. All units are below market rents, seller was slowly moving up rents. Very easy to rent, often there is a wait list. Showings require a min of 12 hours advance notice due to all units being rented. All main/unit doors have code locks for entry, $1k upgrade. Leases/income available to verified buyers only. New roof in 2015, new boiler 2023, approx. 40% of wood siding replaced in 2010, additional cedar siding remaining in basement. Property sold with Trustee's Deed; "As Is-As Found".

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