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909 Spaight Street, Madison, WI 53703

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For Sale

$1,400,000

5 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

Fully rented, never vacant, 5 unit, once in a generation property situated on the shores of Lake Monona in one of Madison`s most desirable locations. A short walk to Capitol Square and in the heart of the Marquette neighborhood. Originally the M.H. Sater Apartment Building, this classic American Foursquare was built in 1907. 40 ft of lake frontage, the lot is long and is terraced in the back. The exponential growth potential for net income in 2025 is outstanding!! A unique combination of units, comprised of a studio, a 1 bedroom, two, 2 bedroom apartments and a two story 5 bedroom apartment. Several garden plots on the lake and kayak storage. Updates include electrical service for the entire building, new water softener and south side dormer rebuild. This is a special place!!!
MLS# 1975327

Courtesy Of Lauer Realty Group, Inc.

(608) 467-3220

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Dryer, Washer, Water - Softener
  • Architecture Style
    Other
  • Exterior Type
    Stucco, Wood
  • Heating System
    Central Furnace, Radiant
  • Lot Size
    0.17 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement-Finished, Bedroom

Map and Directions

Directions to 909 Spaight Street, Madison, WI 53703

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(608) 597-2020
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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