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$697,000
16
half baths

1421 W Atkinson Ave #1429
Milwaukee, Wisconsin 53206

Closed / MLS #1795466 / Multiple Unit (2-4) / Milwaukee
Listing information updated 8/9/2022 at 11:22am
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
Exterior Type:
Aluminum,Brick,Partial-Stone,Wood
Basement:
Block,Full
Cooling System:
Forced Air
Heating System:
Forced Air, Indiv. Heating Units, Natural Gas
Pool:
No
Age:
67 Years
Parking Type:
Near Public Transit,0 space(s) inside,16 space(s) outside
Water Front:
No
Square Feet:
N/A
Lot Size:
0.2 acres
Acreage:
0.20
Tax Amount:
$5,248
Tax Year:
2021
Assessments:
$16
Zip Code:
53206
City:
Milwaukee
County:
Milwaukee
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Century 21 Affiliated-Wauwatosa

Listing Office Phone: 414.543.5403

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Milwaukee

Milwaukee, WI

As the largest city in Wisconsin, located along the shores of Lake Michigan, Milwaukee has plenty of appeal. Since the mid-19th century, the city has been known for its beer-making tradition and is now home to more than 30 breweries. It’s no wonder Milwaukee has earned the nickname “Brew City.â€...
$258,077
Average Sale Price
36
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1421 W Atkinson Ave #1429, Milwaukee, WI 53206
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1421 W Atkinson Ave #1429, Milwaukee, WI 53206 is a multiple unit (2-4) which sold for $697,000. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since June 2nd, 2022 and was built in 1955.

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