1250-1252 Spaight St, Madison, WI 53703

Rare opportunity on Madison’s isthmus in the highly sought-after Willy Street/Marquette neighborhood—one of the few properties in the area that cash flows from day one. This quality three-unit flat features three 3-bedroom, 1-bath units with tall ceilings and generous layouts. Units 1 and 2 are exceptionally large at nearly 1,600 square feet each and showcase beautiful original doors, trim, and woodwork that highlight the property’s classic character. Unit 3 has been completely renovated, offering modern finishes and strong rental appeal. Major capital improvements include a new $30,000 roof in 2024 and removal of all knob-and-tube wiring. Property is separately metered with four electric meters (three units plus one house meter) and separate gas meters. Coin-operated washer and dryer on site plus off-street driveway parking for approximately two vehicles. Consistently high demand makes this an excellent long-term investment or owner-occupant opportunity.