726 Minnesota Ave, South Milwaukee, WI 53172
6 Units
$700,000
Sold

726 Minnesota Ave, South Milwaukee, WI 53172

$700,000

$700,000

20240912005509194685000000-o

20240912005509194685000000-o

Features

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 6
  • Unit Type 1 # of Units: 1
  • Unit Type 1 Avg Rent: $675
  • Unit Type 2 # of Units: 3
  • Unit Type 2 Avg Rent: $800
  • Unit Type 3 # of Units: 2
  • Unit Type 3 Avg Rent: $1,200
  • Inside Parking: 5
  • Est. Square Footage: 3,686
  • Est. Year Built: 1915
  • School District: South Milwaukee
  • High School: South Milwaukee
  • County: Milwaukee
  • Postal Municipality: South Milwaukee
  • MLS#: 1891416
  • Listing Company: Keller Williams Realty-Milwaukee Southwest - 262-599-8980
  • Price/SqFt: $189
  • Zip Code: 53172
  • Concession Offered: Yes

Property Description

726 Minnesota Ave, South Milwaukee, WI 53172 - FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.

  • Additional features

    Basement

    • Full, Laundry Facilities

    Interior Features

    • Heating/Cooling: Electric
    • Water Waste: Municipal Sewer, Municipal Water
    • Inclusions: 6 - refrigerators 6 - stoves 2 - coin op washers 2 - coin up dryers

    Building and Construction

    • Apartment Building

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    1891416 Sold ActiveWO Jan 15 2025 12:00AM $700,000 76
    1891416 Sold ActiveWO Jan 15 2025 12:00AM $700,000 76
    1891416 ActiveWO Active Nov 26 2024 6:29AM 76
    1891416 Active Sep 11 2024 8:22PM $700,000 76
    1836975 Sold ActiveWO Jul 19 2023 12:00AM $506,000 2
    1836975 ActiveWO Active Jun 7 2023 12:41PM 2
    1836975 Active Jun 5 2023 7:59AM $449,900 2
  • Schools
  • Demographics
  • Market Conditions

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report