Bought with Homestead Realty, Inc~Milw
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1522 W Mitchell St Unit 1516 Milwaukee, WI 53204
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Key Details
Sold Price $192,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1472364
Sold Date 08/26/16
Year Built 1919
Annual Tax Amount $4,188
Tax Year 2015
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60x141 - 2 Lots 1522&1516
Property Description
Fully Occupied 7-family offered at at a 10.8 CAP. Annual gross rent is $43,440. The front duplex is 4/1, and the rear five-unit is 2/2/2/2/1. Very well maintained, and the rear 5-unit has new, super-efficient boiler/water heater combo. The parking lot and yard are a separate tax key and address (1516), but are included in the sale. Great South Side location with public transportation and shopping nearby. A solid Cash Flow Investment. Be Creative: This seller will consider a TRADE OR EXCHANGE of a property you have, larger or smaller. Please Do Not Disturb the tenants.
Location
State WI
County Milwaukee
Zoning LB2
Rooms
Basement Full
Interior
Heating Forced Air, Hot Water/Steam, Natural Gas
Cooling Forced Air, Hot Water/Steam, Natural Gas
Flooring No
Exterior
Exterior Feature Partial-Aluminum, Partial-Vinyl, Partial-Wood
Parking Features Near Public Transit, Outdoor Space
Roof Type Composition
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
Others
Special Listing Condition 1031 Exchange
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