1522 W Mitchell St 1516, Milwaukee WI 53204-3242 Sold for $192,000 on 08/26/2016

1522 W Mitchell St 1516, Milwaukee 7 Units $198,500 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 7
  • Est. Year Built: 1919
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1472364
  • Listing Company: Re/Max Lakeside-Capitol

1522 W Mitchell St 1516 Milwaukee WI 53204-3242 - Fully Occupied 7-family offered at at a 10.8 CAP. Annual gross rent is $43,440. The front duplex is 4/1, and the rear five-unit is 2/2/2/2/1. Very well maintained, and the rear 5-unit has new, super-efficient boiler/water heater combo. The parking lot and yard are a separate tax key and address (1516), but are included in the sale. Great South Side location with public transportation and shopping nearby. A solid Cash Flow Investment. Be Creative: This seller will consider a TRADE OR EXCHANGE of a property you have, larger or smaller. Please Do Not Disturb the tenants.

Additional Features
  • Full
  • Heating/Cooling: Forced Air, Hot Water/Steam, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Apartment Building, Duplex +
  • Roof: Composition
  • Waterfront/Access: N
  • Lot Size: 60x141 - 2 Lots 1522&1516
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1472364 Sold ActiveWO Aug 26 2016 11:52AM $192,000 126
1472364 ActiveWO Active Jun 13 2016 1:42PM 126
1472364 Jun 2 2016 1:09AM $198,500 $199,000 126
1472364 May 16 2016 1:41PM $199,000 $214,900 126
1472364 Active Apr 25 2016 8:33PM $214,900 126

Estimated Monthly Payment

$3,287 per month
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Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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