• Asking Price $1,599,000
  • W220N9009 TOWN LINE RD MENOMONEE FALLS, WI 53051

  • Commercial / Resale (MLS)

Property Details for W220N9009 TOWN LINE RD, MENOMONEE FALLS, WI 53051

Features

  • Lot Size: 230432
  • Total Units: 14
  • Heating: Forced Air Heating

Facts

  • Year Built: 01/01/1940
  • Property ID: 851218357
  • MLS Number: 1860360
  • Parcel Number: LSBT-0148-983
  • Property Type: Commercial
  • County: WAUKESHA
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This tremendous Multi-Family property w/a great rental history & low vacancy, sits on 5.29 acres in the town of Lisbon. The property consists of 5 buildings (total 14 units) & 36 outside parking spaces. Unit layout includes; Living room, Kitchen, dining area, 2 BRs & 1 BA. Since 2020 seller has spent over $190K towards upgrading the property including; new roof on all buildings (2023), updated approximately 11 units w/ new cabinets, appliances, countertops, flooring, bathrooms, resurfaced parking lots, 1 new septic & many units w/ new water heaters, furnaces & windows. Property has potential for more development w/ 5.29 acres of land & rent increase. Tenants pays gas, electric & heat. The property is well located & minutes from shopping, entertainment & the freeway system.

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Property Brokerage: Shorewest Realtors N112W17847 Mequon Rd, Germantown, WI 53022 Germantown WI 53022
Copyright © 2024 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.