$750,000
4252 N Teutonia Ave,
Milwaukee WI, 53209
Description
***BACK ON MARKET*** This solid brick building has been fully renovated. The historical occupancy has been VERY strong. The building provides tremendous cash flow with a Cap Rate at 9.0%. It contains 18 apartment units with (13) 1-bedroom & (5) 2-bedroom units. Plumbing and electrical have been completely updated throughout the entire building. Each unit has been fully renovated and include: new furnaces, new kitchen cabinetry, new flooring and paint throughout, as well as completely renovated bathrooms with new vanities, bathtubs/surrounds, toilets and bathroom fixtures. The building also includes a new roof and new windows. This is a rare opportunity for a truly turn-key apartment building in Metro Milwaukee.
Details
| MLS# | 1689227 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 256 |
Features
| Units | 18 |
|---|---|
| Building(s) | 1 |
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| Area Information | |
|---|---|
| State | WI |
| County | Milwaukee |
| City | Milwaukee |
| Zip Code | 53209 |
| Area | Milwaukee |
| Listing VS Median (in 53209) | |
Price: $750,000 low | high Med: $94,950 On Site: 256 low | high Med: 69 | |
Listing Updated: January 25, 2021 8:06:22 PM PST
MLS Number: 1689227Listing Provided By:
Paul A Rucinski of Encore Real Estate Brokerage