7139 W Burleigh St UNIT -7143,  Milwaukee WI, 53210

(Active)
$215,000
|
|
MLS# 1540701
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Last Updated: 9/25/2017 10:49 PM
Description for 7139 W Burleigh St UNIT -7143 Milwaukee, WI 53210
Great location for this brick, fully-occupied Mixed Use investment building. It features 6 one-bedroom apartments, 2 retail storefronts, a 5-car garage, and a nice back yard. Well maintained with a modern boiler system and upgraded electric service. Gross rent is $57,192 per year. Priced to give you an 11.8 CAP. The DILHR Certificate is on file. NOTE: the City Tax Bill for this building is ridiculous because it is based on the assessed value of $324,000. If you buy this for $215,000 and appeal the value in April, you may save $2,900 in 2018 taxes!
Price
$215,000
Milwaukee
1540701
Active
Description
Great location for this brick, fully-occupied Mixed Use investment building. It features 6 one-bedroom apartments, 2 retail storefronts, a 5-car garage, and a nice back yard. Well maintained with a modern boiler system and upgraded electric service. Gross rent is $57,192 per year. Priced to give you an 11.8 CAP. The DILHR Certificate is on file. NOTE: the City Tax Bill for this building is ridiculous because it is based on the assessed value of $324,000. If you buy this for $215,000 and appeal the value in April, you may save $2,900 in 2018 taxes!
Listing Information
Property Type: Multi-Family, Other
0.15 Acres 1929
Municipality
Municipality
Cable TV, Other
8 Total
Neighborhood
School Information
District: Milwaukee
Room Information
Living Room
Common
Interior Features
Range-Oven, Refrigerator, Other
A/C - Other
Gas Heat, Steam, Radiant
Full
3
Exterior / Lot Features
5 Parking Spaces,
Tar Gravel
55x122 approx
LB2
Driving Directions
Located at the corner of Lisbon, Burleigh, and 72nd St.
Financial Considerations
$9,290
2016
$57,192
Listing Price History

Milwaukee Real Estate

Milwaukee is located in Wisconsin. Milwaukee, Wisconsin 53210 has a population of 600,155.

The median household income in Milwaukee, Wisconsin 53210 is $35,489. The median household income for the surrounding county is $43,385 compared to the national median of $53,482. The median age of people living in Milwaukee 53210 is 30.8 years.

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Courtesy: Graig Goldman - RE/MAX LAKESIDE-CAPITOL
IDX information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2017 MetroMLS - All Rights Reserved
Information is deemed reliable but is not guaranteed.

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