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Image 1 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 2 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 3 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 4 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 5 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 6 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 7 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 8 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Image 9 - 832, 834 East Gorham Street, Madison, WI 53703, USA - House for sale
Home For Sale In Madison, Wisconsin
832, 834 East Gorham Street, Madison, WI 53703, USA

Home For Sale In Madison, Wisconsin

house for sale
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Listed: 02/11/24

832, 834 East Gorham Street, Madison, WI 53703, USA

Studio Bed:
2,300 Sq Ft Living Area:
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Price
$ 625,000

About This House

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 and 407 Washburn Place are both 500 sq.ft. studios with 1 bath each. Units 407 and 409 Washburn Place are both 650 sq.ft. with 1 bed and 1 bath each. Fully leased out with a monthly gross income of$3, 920/month.

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Tenney-Lapham Housing & Living

Household Income

Median household income: $59,387
Number of households: 107,890
The average household income in Madison, WI grew from $56,464 to $59,387 in the past year. This data is an estimate based upon 107,890 households in Madison, WI.
The chart below presents how household income is distributed in Madison, WI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Madison, WI compared to median property taxes around the country. The prevalent amount of property taxes in Madison, WI equals $3k+ , which is more than the national average.