245 E Summit AVENUE, Wales, WI 53183
245 E Summit AVENUE, Wales, WI 53183
245 E Summit AVENUE, Wales, WI 53183
245 E Summit AVENUE, Wales, WI 53183
245 E Summit AVENUE, Wales, WI 53183
245 E Summit AVENUE, Wales, WI 53183
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$1,532,700

$1,350,000

13.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7,884 SqFt


SOLD DATE : 06/20/2024

Key Details

Sold Price $1,532,700

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,884 sqft

Price per Sqft $194

MLS Listing ID 1874982

Sold Date 06/20/24

Year Built 1970

Annual Tax Amount $12,664

Tax Year 2023

Lot Size 2.600 Acres

Acres 2.6

Property Description

Stately 8-unit fully occupied apartment building offered to add to your investment portfolio or to start something new you have only dreamed of! All units offer 2 bds/1 bath, storage lockers and ample parking. 7 of 8 units fully renovated with LVP floors, SS appliances, granite countertops and in-unit laundry. Common areas updated and units are separately metered for heat. Upper units have balconies. Surface parking for 18 vehicles. Take Seller's draft plans to construct 14 townhomes on the property (then, totaling 22 units), create your own development project or enjoy an existing cash flowing property! So many options! Contact Village for further details on the development & approval process for Seller's draft plans or your own. Broker has not verified building/property dimensions.

Location

State WI

County Waukesha

Zoning R4

Rooms

Basement Block, Full, Laundry Facilities

Interior

Interior Features Water Softener

Heating Electric

Cooling Wall/Sleeve Air

Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater

Exterior

Exterior Feature Brick/Stone, Brick

Building

Sewer Municipal Sewer, Well

New Construction N

Schools

Middle Schools Kettle Moraine

School District Kettle Moraine

Others

Special Listing Condition Arms Length

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Listed by Port & Bay Real Estate Co. LLC
Bought with Shorewest Realtors, Inc.

NEARBY SCHOOLS & BUSINESSES

Daniel Bertelson

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(608) 218-4460

info@commercialwisconsin.com

5320 Monona Drive, Monona, WI, 53716, United States

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