Bought with Jock Team Real Estate LLC
$295,000
$315,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
1304 Milwaukee Ave South Milwaukee, WI 53172
4,550 SqFt
Key Details
Sold Price $295,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $64
MLS Listing ID 1619797
Sold Date 04/15/19
Year Built 1900
Annual Tax Amount $4,604
Tax Year 2018
Lot Size 7,405 Sqft
Acres 0.17
Property Description
South Milwaukee 5-plex with many updates. There is a residential 4-plex in back and a commercial storefront connected in front. Units 1,2,3,4 are rented per month for $750, $625, $750, $750 with the commercial space renting for $400 per month for a total of $3275/mon where tenants are paying electricity and natural gas (heat) and the owner is paying water/sewer. The upper units 3 and 4 each have 3.0 bed and 1.0 bath, and the lower two units are 2 bed 1.0 bath. Over $65,000 of improvements have been made over the last 3 years such as 4 residential AC units, one commercial AC unit with fresh air intake, two newer furnaces, appliances, bathroom ventilation, vinyl flooring, hardwood floor resurfacing in unit 3, garage door openers with battery backup, and frost-free exterior valve.
Location
State WI
County Milwaukee
Zoning Res
Rooms
Basement Block, Full
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum, Aluminum Trim
Garage Spaces 4.0
Roof Type Other
Building
Water Municipal Sewer, Municipal Water
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