| Price: | $1,345,000 |
| MLS: | 2023152 |
| Address: | 554 W Mifflin St |
| Finished: | 2580 ft.²* |
| Bed: | 9 |
| Bath: | 3.0 |
| County: | Dane |
| Schools: | Madison |
| Type: | multi family |
| Year Built: | 1904 |
| Lot: | 0.05* |
| Primary BR: | 11x10* |
| Living Room: | 12x11* |
| Kitchen: | 13x11* |
| Appliances: | 3 refrigerators, 3 ranges, 1 dishwasher, washer, dryer |
| Email: | Contact Seller |
| Call: | (608) 438-3150 |
An exceptional opportunity in downtown Madison, WI, this 3-unit, 9-bedroom is the closest house on Mifflin to campus with great southern light, full front decks, and rear exit decks. Each unit in this turn-key property is leased thru 08/2027 and offers a spacious and practical layout, including a full kitchen, three bedrooms, one bathroom, and a comfortable living area. Tenants appreciate the updated basement with storage and laundry. Additional income is generated through four on-site parking spaces. Tenants are responsible for electricity, garbage/recycling, cleaning, and snow removal. With gross income of $108,900 for 2026/2027 and several rents below market, a new buyer has the potential to earn an even greater return on their investment through future lease adjustments.
*Total sq.ft. per assessor; buyer to verify if material to transaction.
This listing has been viewed 22 times
Equal Housing Opportunity* all figures are estimations and may differ from the actual amount. Buyer verify if important.
All information provided by the seller is deemed reliable but is not guaranteed and should be independently verified.
Solicitations outside of an interest to purchase this property are expressly forbidden.