Your Residential & Commercial Real Estate Headquarters
Listing Agent: James L Olsen
Courtesy of: Century 21 Affiliated-Wauwatosa
Address: 1421 W Atkinson Ave
Rare opportunity to acquire 16, 1 bd/1bth, apartments in two adjacent buildings. Package deal only. Improvements in last 4 years include all NEW: two tear-off 3D roofs, fencing, exterior storage shed, Lorex IP system with 22 cameras, and interior renovations. Stabilized with excellent financials, good tenants, & well-run management.Value-add opportunities include raising rents (current $535 vs. neighborhood $575-$590); renting existing 16 basement storage units; and adding coin laundry. Scheduled annual gross rents: $102,720. Deposits equaling 1 month rent available. Low operational expenses for owner with tenants paying individually for gas & electric and having separate furnaces & water heaters. Owner pays for water, trash, and common areas electric. Parking in the back for 16 cars
Listing Agent: James L Olsen Courtesy of: Century 21 Affiliated-Wauwatosa Copyright 2022 MetroMLS. All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. Updated: 1st July, 2022 2:16 PM (UTC)
For ADA assistance, please email firstname.lastname@example.org. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information you seek through an alternate communication method.