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4244 N Teutonia Ave

Milwaukee, WI 53209
  • $5,600,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 1804029
UPDATED: 57 min ago
$5,600,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

School District:
Listing provided courtesy of Exp Realty, Llc~Milw.

Description

This is a package consisting of 10 properties totaling 112 units. Huge potential revenue at full occupancy, 11% CAP rate at 95%. Current occupancy is low, new property manager is stabilizing the buildings post-covid. Repairs needed in some buildings.Seller offering a $300,000 repair credit.

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© 2022 MetroMLS - All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX Service First Service First Pros. Data last updated: 2022-08-15T14:52:46.113.
www.soldwisconsin.com/homes/131208669
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4244 N Teutonia Ave Milwaukee, WI 53209

  • Price: $5,600,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 57 min ago
  • ID#: 1804029
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1930
Built
County:
Milwaukee
Area:
Milwaukee
School District:
Milwaukee
Property Description
This is a package consisting of 10 properties totaling 112 units. Huge potential revenue at full occupancy, 11% CAP rate at 95%. Current occupancy is low, new property manager is stabilizing the buildings post-covid. Repairs needed in some buildings.Seller offering a $300,000 repair credit.
Exterior Features

Exterior Brick Garage Parking Outdoor Space Parking Inside 0.00 Parking Outside 0.00 Stories 3-4 Stories

Interior Features

Basement BlockFull Heating Cooling ElectricNatural Gas Unit Type1 2 Bedrooms3 Or More Bedrooms Unit Type2 Studio/Efficiency Unit Type3 1 Bedroom Unit Type4 3 Or More Bedrooms Unit1 Sq Ft 750 Or Less Unit2 Sq Ft 750 Or Less Unit3 Sq Ft 751-1000 Unit4 Sq Ft 750 Or Less

Property Features

Flood Plain No Municipality City Source Acreage Public Records Source Year Built Public Records Tax Year 2021 Taxes 11086.00 Type Apartment Building Units Type1 112.00 Water Waste Municipal Water Zoning Lb2

© 2022 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2022 MetroMLS - All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX Service First Service First Pros. Data last updated: 2022-08-15T14:52:46.113.
 
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RE/MAX Service First Service First Pros
21075 Swenson Drive, Suite 200
Waukesha WI, 53186
Listing provided courtesy of Exp Realty, Llc~Milw.