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$ 755,000
Est. payment | /mo
7,405 Sqft Lot
$ 755,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1946541
Year Built 1953
Annual Tax Amount $7,551
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Check out this fantastic investment opportunity in Wauwatosa! This well-maintained property features 8 studio-style units. It includes a large private parking lot at the rear of the building. Seven units are currently rented at $700 per month, while the eighth unit is rented at $800, providing significant potential for future rent increases. The basement offers individual storage lockers for each unit, as well as a coin-operated washer and dryer, generating an additional $1,000 to $1,500 annually. Utilities are shared, with tenants covering the water bill, while the owner pays electric and gas, which typically costs between $450 and $700 per month. Don't miss out on this prime investment opportunity--schedule a tour today!
Location
State WI
County Milwaukee
Zoning C1 Commerical
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment Seller Owned: Dryer, Seller Owned: Washer
Exterior
Exterior Feature Brick/Stone, Brick
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Wauwatosa
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Listed by Premier Point Realty LLC