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9040 N 85th St #9050, 9060 Milwaukee WI 53224

9040 N 85th St #9050, 9060 Milwaukee, WI 53224 - Home for Sale

$3,570,000

  • sq ft
  • Beds
  • Baths

Overview - 9040 N 85th St #9050, 9060 Milwaukee, WI 53224

47 near-identical condo units between 3 buildings. The majority of units have been updated within the last 3 years with LVP, updated counters, cabinets, bathroom fixtures and a modern/durable paint scheme. The exterior was painted 4 yrs ago. The buildings are fully leased with over 1/3rd of tenants paying above $825/mo and over 1/4th of tenants paying all utilities. There is ample parking and a 4 car garage. Storage units and coin-operated laundry in basement. This is a unique opportunity to rent multiple condo units as an efficient multi-family (as it has been done for years) or execute a lease-to-own operation at sale and in one location. The property has been stabilized over the past few years and this is a turn-key operation with equity and cash-flow upside.

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Details - 9040 N 85th St #9050, 9060 Milwaukee, WI 53224

Status: Active
Type: MLF
Garage Type: Outdoor Space
Exterior: Part-Masonite/PresBd,Partial-Brick
Heating: Central Air,Forced Air,Indiv. Heating Units,Natural Gas
Cooling: Central Air,Forced Air,Indiv. Heating Units,Natural Gas
County: Milwaukee
Taxes Annual: $50,774
Tax Year: 2021
Listed By: Compass RE WI-Northshore
MLS #: 1794857
47 near-identical condo units between 3 buildings. The majority of units have been updated within the last 3 years with LVP, updated counters, cabinets, bathroom fixtures and a modern/durable paint scheme. The exterior was painted 4 yrs ago. The buildings are fully leased with over 1/3rd of tenants paying above $825/mo and over 1/4th of tenants paying all utilities. There is ample parking and a 4 car garage. Storage units and coin-operated laundry in basement. This is a unique opportunity to rent multiple condo units as an efficient multi-family (as it has been done for years) or execute a lease-to-own operation at sale and in one location. The property has been stabilized over the past few years and this is a turn-key operation with equity and cash-flow upside.

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Milwaukee, WI

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Milwaukee, WI

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Contact us about 9040 N 85th St #9050, 9060 Milwaukee, WI 53224

9040 N 85th St #9050, 9060 Milwaukee, WI 53224

$3,570,000

9040 N 85th St #9050, 9060 Milwaukee, WI 53224
  • Property size sq ft
  • Rooms Rooms
  • Bedrooms Beds
  • Bathrooms Baths
  • Garage Spaces Cars
MLS# 1794857
More Info QR Code

Suzanne Powers

Wisconsin's #1 Boutique Broker™

414-870-7175

suzanne@powersrealty.com

www.powersrealty.com/suzanne-powers/

47 near-identical condo units between 3 buildings. The majority of units have been updated within the last 3 years with LVP, updated counters, cabinets, bathroom fixtures and a modern/durable paint scheme. The exterior was painted 4 yrs ago. The buildings are fully leased with over 1/3rd of tenants paying above $825/mo and over 1/4th of tenants paying all utilities. There is ample parking and a 4 car garage. Storage units and coin-operated laundry in basement. This is a unique opportunity to rent multiple condo units as an efficient multi-family (as it has been done for years) or execute a lease-to-own operation at sale and in one location. The property has been stabilized over the past few years and this is a turn-key operation with equity and cash-flow upside.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for correctness. The sale offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the law, this property is offered without respect to race, color, creed, national origin, physical limitations, or familial status. Room sizes are approximate.

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9040 N 85th St #9050, 9060 Milwaukee, WI 53224

  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image

9040 N 85th St #9050, 9060 Milwaukee, WI 53224

  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image

9040 N 85th St #9050, 9060 Milwaukee, WI 53224

  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image
  • 9040 N 85th St #9050, 9060 Milwaukee, WI 53224 Property Image