5405 W Lincoln AVENUE

West Allis,WI 53219

$ 500000

- Bed

- Bath

3740 SqFt


Key Details

Property Type Multi-Family

Listing Status Accepted Offer

Purchase Type For Sale

Square Footage 3,740 sqft

Price per Sqft $133

MLS Listing ID 1912796

Year Built 1950

Annual Tax Amount $8,339

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Welcome to 5405 W Lincoln Ave in West Allis! This well-maintained 4-unit multi-family building offers a great investment opportunity. The property features four spacious 2-bedroom, 1-bath units, each with eat-in kitchens, dining rooms, and individual furnaces. Units are currently rented all rented with plenty of room to increase rents. The building has been recently updated with a new roof and gutters. Parking is also available with 5 off-street spots. Situated on a 0.16-acre lot, the building is close to local amenities. Tenants cover their own gas and electricity, while the owner pays for water, sewer, and common area electricity. This property is a great opportunity to start or expand your investment portfolio!

Location

State WI

County Milwaukee

Zoning C1

Rooms

Basement Block,Full

Interior

Heating Natural Gas

Cooling Forced Air,Individual Heating Units

Inclusions 4 ovens/ranges, 4 refrigerators, snow blower, 2 dehumidifiers, lawn mower, extra water heater if old water heater doesn't fail before closing.

Equipment Seller Owned: Water Heater

Exterior

Exterior Feature Brick/Stone,Brick

Building

Dwelling Type Apartment Building

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

School District West Allis

Others

Acceptable Financing Exchange

Listing Terms Exchange

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