$750,000

4252 N Teutonia Ave

Milwaukee WI, 53209

Description

This solid brick building has been fully renovated. The building is 100% occupied & provides tremendous cash flow with a Cap Rate at 10%. It contains 18 apartment units with (13) 1-bedroom & (5) 2-bedroom units. Plumbing and electrical has been completely updated throughout the entire building. Each unit has been fully renovated and include: new furnaces, new kitchen cabinetry, new flooring and paint throughout, as well as completely renovated bathrooms with new vanities, bathtubs/surrounds, toilets and bathroom fixtures. The building also includes a newer roof and newer windows. This is a rare opportunity for a truly turn-key apartment building in Metro Milwaukee.

Details

MLS#1689227
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site10

Features

Units18
Building(s)1

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Area Information

StateWI
CountyMilwaukee
CityMilwaukee
Zip Code53209
AreaMilwaukee
Listing VS Median (in 53209)
Price:
$750,000
low | high
Med:
$102,450
100% of Average
On Site:
10
low | high
Med:
71.500000
13.986013986014% of Average
Listing Updated: 05/24/2020
MLS Number: 1689227
Listing Provided By:
Paul A Rucinski  of  Encore Real Estate Brokerage
Listing data provided by Metro MLS. Copyright {{year}}, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing