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33176847
33176846

2900 W ARTHUR AVE, MILWAUKEE, WI 53215-2940

GG
WI WI 51325-90, WI 90-51325
RE/MAX Service First
Listed by RE/MAX Service First
$795,000
11 days on market
Updated 11 days ago

2900 & 2904 W ARTHUR AVE MILWAUKEE WI 53215

Details
APN 4950262000
Property Type Retail, Multifamily (+1)
Sub Type Convenience Store, Storefront (+1)
Square Footage 8,496
Net Rentable (SqFt) 8,496
Cap Rate 7.18%
NOI $57,094
Occupancy 100%
Pro-Forma Cap Rate 7.18%
Pro-Forma NOI $57,094
Price per SqFt $94
Class C
Year Built 1908
Year Renovated 2000
Buildings 2
Stories 2
Lot Size (SqFt) 6,922
Zoning LB2 Comml Local Bus
Investment Type Stabilized
Ground Lease No

9 Units - Fully Occupied MIXED-USE on Milwaukee's South Side

Marketing description

This package of two mixed-use buildings next to each other is at the busy Milwaukee South-Side corner of 29th and Forest Home Ave, just south of Lincoln Ave. Fully Occupied with a total of 9 units including two retail/commercial storefronts and 7 large apartments. Gross rent is $8,195/month.

Investment highlights

This 9 unit package consists of two mixed-use buildings next to each other at the busy Milwaukee South-Side corner of 29th and Forest Home Ave, just south of Lincoln Ave. Fully Occupied with a total of 9 units including two retail/commercial storefronts and 7 large apartments. Gross rent is $8,195/month. Modern units with circuit breakers and updated mechanicals.

Listing Contacts

GG
WI WI 51325-90, WI 90-51325
RE/MAX Service First
Listed by RE/MAX Service First

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,094.00
$4,757.83/mo

Valuation Metrics

0
DSCR
7.18%
Cap Rate
7.18%
ROI

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Additional Information

Name
Graig Goldman
License
WI 51325-90
Brokerage
Segal-Goldman Group at RE/MAX Service 1st
Title
Real Estate Broker
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