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.
Properties
Listing courtesy of Melges Real Estate
Property Description
Features
: Radiant Floor
: Electric
: Septic System
Address Map
US
WI
Waukesha
Lisbon
53051
Town Line
W220N9009
Rd
W89° 48' 57.5''
N43° 10' 53.3''
County Line Rd. (Hwy Q) to Townline Rd, South on Townline Rd (Approximately 3/4 mile) to W220N9009 Townline Rd. Property is located along the west side of the road.
Neighborhood
Templeton
Hamilton
Hamilton
Additional Info
Shorewest Realtors, Inc.
Bob Sefiddashti
Additional Information
14
2024-01-09
1649000
9360
: Block, Stucco, Wood Siding, Brick, Concrete, Frame, Vinyl Siding, Shake Siding, Cement Siding, Other, Brick Veneer, Metal Siding, Glass, Log, Stone, Fiber Cement, Aluminum Siding, Vinyl, Straw, Board & Batten Siding, Lap Siding, Plaster, Radiant Barrier, HardiPlank Type, Cedar, Steel Siding, Stone Veneer, Asbestos, Shingle Siding, Fiberglass Siding, Log Siding, Adobe, Asphalt, Attic/Crawl Hatchway(s) Insulated, Batts Insulation, Blown-In Insulation, Clapboard, Ducts Professionally Air-Sealed, Exterior Duct-Work is Insulated, Foam Insulation, Masonite, Natural Building, Rammed Earth, Redwood Siding, Slump Block, Spray Foam Insulation, Synthetic Stucco, Vertical Siding
Financial
7581.55
Listing Information
swr07
Active
2024-04-26T14:54:16Z
MetroMLS
2024-01-09T08:15:46Z
18647
5.29 Acre
$1,599,000
Listing ID #1860360
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1860360
Price : $1,599,000
Lot Area : 5.29 Acre
Listing Status : Active
Property Sub Type : Multi-Family
Agent info
Contact Agent
