16Units
$23,005Taxes
1976Build
$163,020Scheduled Income
Multi-FamilyProperty Type

Property Highlights

MLS: 1527714

Status: Active

Parking: Indoor Space, Outdoor Space

Sched Inc: 163020

Total Operating Exp: 57155

County: Ozaukee

For more information about this listing, contact Keefe at (262) 248-4492.

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Outstanding rare investment opportunity. 16 units that will be organized as one large multi-family rental property. The group is comprised of four 4-unit buildings. Tenants pay for their own electric heat. Units range from 986-1224 sq ft. Acreage not listed because part of an association. Addresses for 4 bldgs are N21W5308-14, N18W5387-93, N18W5341-47, N18W5311-17 Pierce CT - Buildings 1, 7, 8, 11 of Pierce Court Condominiums.***NOTE: Two buildings recently went under contract. That leaves two bldgs still available. Hurry!

Interior Features

Basement: Full

Exterior Features

Exterior: Partial-Brick, Partial-Stucco/Slate, Partial-Wood

Outside Parking Occupied: 16

Roofing: Composition

Additional Information

# of Stories: 1-2 Stories

Code Compliant: Yes

Unit type #1: 4

Unit type #2: 8

Unit type #3: 4

Est Sq Ft #1: 751-1000

Est Sq Ft #2: 1001-1250

Est Sq Ft #3: 1001-1250

Gross Operating Inc.: $163,020

Heating/Cooling: Electric, Wall/Sleeve Air

Inside Parking: 16

Outside Parking: 16

Laundry: Private

Net Operating Income: $105,864

Owner Pays: Electric/Public, Sewer, Water

School District: $Cedarburg

Security Deposit: $Y

Tenant Pays: Electric, Heat

Water/Waste: Municipal Sewer, Municipal Water

Listing Company: Milwaukee Executive Realty, Llc

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For more information about this listing, contact Keefe at (262) 248-4492.

Contact us

Local Info

City Snapshot Cedarburg, WI

Average Days on Market
Multi-Family
66
65% since July 2017
Units sold
June 2017
21
--4.54% since May 2017
Median Sale Price
June 2017 - Multi-Family
322K
-11.17% since May 2017
Percentage of Asking Price
June 2017 - Multi-Family
98%
-0.18% since May 2017