2312 N 71st St Active

Wauwatosa,WI 53213

$ 775000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1911678

Year Built 1953

Annual Tax Amount $7,551

Tax Year 2023

Lot Size 7,405 Sqft

Property Description

Check out this fantastic investment opportunity in Wauwatosa! This well-maintained property features 8 studio-style units. It includes a large private parking lot at the rear of the building. Seven units are currently rented at $650 per month, while the eighth unit is rented at $800, providing significant potential for future rent increases. The basement offers individual storage lockers for each unit, as well as a coin-operated washer and dryer, generating an additional $1,000 to $1,500 annually. Utilities are shared, with tenants covering the water bill, while the owner pays electric and gas, which typically costs between $450 and $700 per month.Don't miss out on this prime investment opportunity--schedule a tour today!

Location

State WI

County Milwaukee

Zoning C1 Commerical

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Brick

Parking Features Extra Space Avail.,Outdoor Space

Building

Dwelling Type Apartment Building

Water Municipal Sewer,Municipal Water

Schools

School District Wauwatosa

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