1540 W Fond Du Lac Ave
Milwaukee, WI 53205

Description

What does everybody want? Value add! What does everybody need? Cash flow! 5 minutes from Fizerv Forum and blocks away from Tandem restaurant, this property has the potential for an 18% Cap rate! 12 1-BR apartments make up the second and third floors. Tenants pay all utilities except water. The lower level consists of two commercial spaces; one is a large space equipped with a kitchen and ventilation system, perfect for someone looking to start a restaurant. The other smaller commercial space can be used for offices, salon, etc. Cash flow + value add= an incredible opportunity.

Details

MLS#1620455
Sub-TypeResale
StatusActive
Year1929
Days On Site86

Features

Units14
Building(s)1

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Area Information

StateWI
CountyMilwaukee
CityMilwaukee
Zip Code53205
AreaMilwaukee
Listing VS Median (in 53205)
Price:
$499,000
low | high
Med:
$44,950
100% of Average
On Site:
86
low | high
Med:
260
33.076923076923% of Average
Listing Updated: 04/17/2019
MLS Number: 1620455
Listing Provided By:
Graig Goldman  of  RE MAX Lakeside-Capitol

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-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. 
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