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Listed by Shorewest Realtors, Inc.
$ 4,000,000
Est. payment | /mo
1.51 Acres Lot
$ 4,000,000
Est. payment | /mo
1.51 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1909305
Year Built 1983
Annual Tax Amount $56,407
Tax Year 2024
Contingent With Offer
Lot Size 1.510 Acres
Acres 1.51
Property Description
Sharp, 2 story brick exterior apartment building. 36 units, all 2 bedroom/1 bath. None of the units is identical. The square footages ranges from 875-1000 sq. feet. 11 units have vinyl/LVP in the dinette area, matching the kitchen. 25 units have carpet in the dinette area, matching the living room. 36 storage lockers at $10/month rent. 19 garages. Two are used for trash enclosure, 14 are rented at $65/month. There are 43 surface parking spots, 4 are handicap spots and 3 are visitor spots. The other 36 coordinate with each unit number as each resident gets one surface spot included with their rent. Landlord pays water, sewer, common area utilities and trash. Tenant pays electric and HVAC. Roof replaced in 2020. New rents are $1025 and higher. Great investment!
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement None
Interior
Heating Electric, Indiv. Heating Units, Wall/Sleeve Air
Cooling Electric, Indiv. Heating Units, Wall/Sleeve Air
Flooring No
Exterior
Exterior Feature Brick
Parking Features Extra Space Avail., Indoor Space, Near Public Transit, Outdoor Space
Building
Dwelling Type Apartment Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
Others
Special Listing Condition 1031 Exchange
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426 2nd Ave S, Onalaska, WI, 54650, United States