Bought with Hany M Kadadha • Epique Realty
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7230 W Lakefield DRIVE Milwaukee, WI 53219-4054
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Key Details
Sold Price $485,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,202 sqft
Price per Sqft $151
MLS Listing ID 1912058
Year Built 1957
Building Age 21+ Years
Annual Tax Amount $8,285
Tax Year 2024
Lot Size 0.300 Acres
Property Description
Here's your chance to own a meticulously maintained 4-unit apartment building in a quiet Milwaukee neighborhood! Built in 1957, this property features spacious 2-bedroom, 1-bath units with tenant-friendly amenities including eat-in kitchens, individual furnaces and water heaters, central air, and basement storage lockers. Each unit has separate utilities, making management simple. Tenants also enjoy off-street parking (5 spaces) and the convenience of resident-owned washers and dryers. The building boasts a newer 3-year-old roof. With strong rental history and solid upside potential. Currently generating $4,367/month in rent, this is an ideal opportunity to grow your portfolio!
Location
State WI
County Milwaukee
Zoning RM1
Interior
Heating Natural Gas
Cooling Central Air, Forced Air, Individual Heating Units
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Building
Sewer Municipal Sewer, Municipal Water
Structure Type Aluminum Trim,Brick/Stone,Brick
New Construction N
Schools
School District Milwaukee
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