$750,000

4252 N Teutonia Ave

Milwaukee WI, 53209

Description

***BACK ON MARKET*** This solid brick building has been fully renovated. The historical occupancy has been VERY strong. The building provides tremendous cash flow with a Cap Rate at 9.0%. It contains 18 apartment units with (13) 1-bedroom & (5) 2-bedroom units. Plumbing and electrical have 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 new roof and new 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 Site162

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:
$129,450
100% of Average
On Site:
162
low | high
Med:
29.5
100% of Average
Listing Updated: 10/23/2020
Paul A Rucinski LogoMLS Number: 1689227
Listing Provided By:
Paul A Rucinski  of  Encore Real Estate Brokerage
Listing data provided by Metro MLS. Copyright 2020, 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