N/A SQ FT

Year 1978

N/A ROOMS

2.64 ACRES

N/A BEDS

N/A BATHS

N/A CARS

1794857

Milwaukee Home Sold

9040 N 85th St, 9050, 9060, Milwaukee, WI 53224 - Home Sold

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.

Listed By: Compass RE WI-Northshore

Brought Buyer: SIRA Realty

Listing Price: $3,570,000

Closing Price: $3,350,000

Sold Date: 2022-09-30

Days On Market: 97 Days

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Amenities & Features

Listing Details

Price

$3,570,000

Year Built

1978

SQ FT

N/A

Lot Size

2.64 ACRES

Tax Key

0330273000

TaxYear

N/A

Property Taxes

$N/A

Exclusions

Seller and tenant personal property

Property Type

Multi-Family

Zoning

N/A

Property Status

Closed

MLS#

1794857

Interior Features

Included Appliances

N/A

Interior Features

N/A

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Levels

N/A

Exterior Features

Architectural Style

N/A

Construction Materials

Pressed Board, Brick

Garage Spaces

N/A

Parking Features

Outdoor Space

Lot Features

N/A

Exterior Features

N/A

Other Structures

N/A

Waterfront Features

N/A

Utilities

Municipal Water

Photo

Sold

Listed for $3,570,000

Sold for $3,350,000

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

Listed by Compass RE WI-Northshore

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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