1010 E Gorham Street

Madison, WI 53703
Square Ft.
2,444
$644,900
Your investment portfolio starts here, in the beautiful Tenney-Lapham neighborhood. This two-flat property is the heart of Madison, and beautifully showcases turn-of-the-20th-century details you can't pay for today: original woodworking, hardwood flooring, large bay windows, and pocket doors. The main floor is a lovely 2-bed/1-bath unit, and the remodeled upperRead MoreRead Less
Presented by: Realty Executives Cooper Spransy 608-661-7900
Listing Snapshot
Days Online
44
Last Updated
Property Type
Multi Family
Square Ft.
2,444
Lot Size
0.08 Acres
Year Built
1900
MLS Number
2022385
30 Days Snapshot Of 53703
$552k
-16%
(avg) sold price
13
-35%
homes sold
11
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
2 refrigerators, 1 dishwasher, 1 washer, 1 dryer
Basement
Full, Other foundation
Building
2 units, 1 two-bedroom unit, 1 three-plus bedroom unit, Unit 1 is 1,146 square feet, Unit 2 is 1,298 square feet, Unit 1: Main Floor, Unit 2: 2nd & 3rd, Estimated age: 1900, Balcony/patio, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator, Shared basement, Wood or sim. wood floor, Balcony/patio, Den/office, Dishwasher, Eat-in kitchen, Range/oven, Refrigerator, Shared basement, Vaulted ceiling(s), Wood or sim. wood floor
Exterior Features
Vinyl
Water Features
Unit 1 - landlord pays water?: Yes, Unit 2 - landlord pays water?: Yes, 2 water heaters, Municipal sewer, Municipal water
Heating
Unit 1 - landlord pays heat?: Yes, Unit 2 - landlord pays heat?: Yes, Heating fuel: Natural Gas, 1 furnace
Lot
0 estimated total acres
Miscellaneous
Total income: $16,200, Total expenses: $14,784, Net operating income: $1,416, Unit 1 rent: $1,350 per month, Unit 2 rent: $0 per month, Close to bus line, Internet - Cable, Shared laundry
Parking
Unit 1 parking: 1 Space, Unit 2 parking: 1 Space
Property
Zoning: TR-C4
Taxes
Tax year: 2025, Net taxes: $9,528
Utilities
Unit 1 - landlord pays electric?: Yes, Unit 2 - landlord pays electric?: Yes
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