Bought with Joshua P Malik • Meteor Homes LLC
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1233 Milwaukee Ave Unit 1235 South Milwaukee, WI 53172
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Key Details
Sold Price $150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $50
MLS Listing ID 1647519
Sold Date 08/16/19
Year Built 1940
Annual Tax Amount $6,132
Tax Year 2018
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Enjoy cash flow like few other investments will ever offer. 5 unit (two 3-bed apartments, one 1-bed apartment, two commercial storefronts) mixed use building with parking and one vacancy and low rent across the board. 2 car attached garage to rent or use for Landlord storage. SEE PRO FORMA IN ATTACHED DOCUMENTS FOR WHAT THIS PLACE CAN DO AT MARKET RENTS. Listed far below assessed value with numerous recent improvements (roof 2009, upper windows 2012, new boiler 2013). A little polish and this thing can print cash like nothing else out there. Current rent roll and pro forma attached.
Location
State WI
County Milwaukee
Zoning G2-Comm
Rooms
Basement Full
Interior
Heating Hot Water/Steam, None
Cooling Hot Water/Steam, None
Flooring No
Exterior
Exterior Feature Brick, Vinyl
Garage Spaces 5.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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