N/A SQ FT

Year 1955

N/A ROOMS

0.2 ACRES

N/A BEDS

N/A / BATHS

N/A CARS

1795466

Milwaukee Home Sold For:

$697,000

1421 W Atkinson Ave, 1429
Milwaukee WI 53206

Listed by Century 21 Affiliated-Wauwatosa

Rare opportunity to acquire 16, 1 bd/1bth, apartments in two adjacent buildings. Package deal only. Improvements in last 4 years include all NEW: two tear-off 3D roofs, fencing, exterior storage shed, Lorex IP system with 22 cameras, and interior renovations. Stabilized with excellent financials, good tenants, & well-run management. Value-add opportunities include raising rents (current $535 vs. neighborhood $575-$590); renting existing 16 basement storage units; and adding coin laundry. Scheduled annual gross rents: $102,720. Deposits equaling 1 month rent available. Low operational expenses for owner with tenants paying individually for gas & electric and having separate furnaces & water heaters. Owner pays for water, trash, and common areas electric. Parking in the back for 16 cars

Listed By: Century 21 Affiliated-Wauwatosa
Brought Buyer: Berkshire Hathaway HomeServices Metro Realty

Listing Price: $744,000
Closing Price: $697,000

Sold Date: 2022-07-18
Days On Market: 24 Days

Property Details

Listing Details

Price

$744,000

Year Built

1955

SQ FT

N/A

Lot Size

0.2 ACRES

Tax Key

2712303000

TaxYear

N/A

Property Taxes

$N/A

Exclusions

sellers and tenants personal property

Property Type

Multi-Family

Zoning

N/A

Property Status

Closed

MLS#

1795466

Interior Details

Included Appliances

N/A

Interior Features

N/A

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Levels

N/A

Exterior Details

Architectural Style

N/A

Construction Materials

Aluminum Siding, Wood, Stone, Brick

Garage Spaces

N/A

Parking Features

Near Public Transit, Outdoor Space

Lot Features

N/A

Exterior Features

N/A

Other Structures

N/A

Waterfront Features

N/A

Utilities & Energy

Municipal Water

Photo

Sold

About Milwaukee

The Milwaukee city proper provides almost anything a resident can dream of. It is big city bustle with the Midwestern charm that Wisconsin offers, filled to the brim with fun activities for all ages. From classy steakhouses to food trucks, movie theaters to laser tag, nightclubs to wine tastings, Milwaukee has the perfect combination of big brands and local business.

Downtown is a blend of beautiful historic architecture and new development - a characteristic of the constantly changing, but deeply rooted culture that inhabits the city. There are beaches, biking trails, and beautiful scenic walks just minutes away from Milwaukee's heart, and small green spaces abound throughout the city. It is home to the most culturally diverse population in Wisconsin, evident in the architecture, food, art, and music you can experience throughout the city.

Community Population

578,198

Community Area

N/A SQ/MILES

Community Suburb of

Milwaukee County

Community Lifestyle

Urban

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Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

Milwaukee

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Milwaukee Home Sold For:

1421 W Atkinson Ave, 1429 Milwaukee WI 53206

1421 W Atkinson Ave, 1429
Milwaukee WI 53206