2194 SQ FT

Year 1914

N/A ROOMS

0.08 ACRES

N/A BEDS

N/A / BATHS

N/A CARS

1802074

Milwaukee Commercial Lease Sold For:

$705,000

3158 N Richards St
Milwaukee WI 53212

Listed by Compass RE WI-Tosa

Attention Investors: Grab & Go Investment Opportunity. A sixteen-property package of triplex, duplex and single-family homes for a total of 34 units. Most units fully occupied with some long-term tenants. Completely turn-key and low maintenance, all are run by the same property manager. Recent updates including large and small-scale repairs (HVAC repairs and replacements, new and repaired roofs, updated bathrooms, new flooring and more) have been made for your peace of mind. This is an investment package that just makes financial sense. See profit & loss and other detailed informational documents. Seller has done all the work for you, and is moving on to other investment opportunities. Some seller financing also available for the right offer.

Listed By: Compass RE WI-Tosa
Brought Buyer: Premier Point Realty LLC

Listing Price: $1,225,000
Closing Price: $705,000

Sold Date: 2023-08-11
Days On Market: 79 Days

Property Details

Listing Details

Price

$1,225,000

Year Built

1914

SQ FT

2194

Lot Size

0.08 ACRES

Tax Key

2812406000

TaxYear

2021

Property Taxes

$2,140

Exclusions

Tenant's personal property

Property Type

Commercial Lease

Zoning

RT4

Property Status

Closed

MLS#

1802074

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

Brick, Wood

Garage Spaces

N/A

Parking Features

N/A

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

LEARN MORE

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

N/A

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Milwaukee Commercial Lease Sold For:

3158 N Richards St Milwaukee WI 53212

3158 N Richards St
Milwaukee WI 53212