Public Remarks: This 12-unit multifamily presents a rare opportunity to acquire a high-unit-count asset with immediate repositioning potential. Currently, 7 units are occupied and 5 units are vacant, creating the perfect scenario for an investor to implement upgrades and lease at full market rents. The 12-car garage adds an advantage… Read More that strengthens tenant retention and overall property value. This asset is ideal for an investor looking to force appreciation through renovations and lease-up strategy. With a few vacancies, the buyer has control to improve quality, set new rent comps, and increase overall asset value without displacing stabilized long-term tenants. Read Less
Courtesy of Keller Williams Realty-Milwaukee North Shore
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi-Family
Lot Size
0.54 Acres
Year Built
1951
MLS Number
1952517
30 Days Snapshot Of 53216
$178k
-9%
(avg) sold price
16
+77%
homes sold
68
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: Laundry Facilities, Partial, Full
Building
Construction Materials: Brick, Year Built: 1951
Lot
Acres: 0.54, Size: 0, Size Units: Acres
Utilities
Sewer: Municipal Sewer, Water Source: Municipal Water
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Listings last updated on , . Copyright 2024 Metro MLS
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