***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.
MLS# | 1689227 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1930 |
Days On Site | 256 |
Units | 18 |
---|---|
Building(s) | 1 |
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 |