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245 Summit Ave, Wales, WI 53183 Sold for $980,000 on 08/16/2021
Features of 245 Summit Ave, Wales, WI 53183
WI > Waukesha > Wales > 245 Summit Ave
- Multi-Family
- Status: Sold
- Total Number of Units: 8
- Unit Type 1 # of Units: 1
- Unit Type 1 Avg Rent: $950
- Unit Type 2 # of Units: 1
- Unit Type 2 Avg Rent: $860
- Unit Type 3 # of Units: 1
- Unit Type 3 Avg Rent: $860
- Unit Type 4 # of Units: 1
- Unit Type 4 Avg Rent: $950
- Outside Parking: 18
- Est. Square Footage: 7,884
- Est. Year Built: 1970
- School District: Kettle Moraine
- High School: Kettle Moraine
- County: Waukesha
- Postal Municipality: Wales
- MLS#: 1715809
- Listing Company: M3 Realty
- Price/SqFt: $145
- Zip Code: 53183
Property Description for 245 Summit Ave, Wales, WI 53183
245 Summit Ave, Wales, WI 53183 - Fantastic DEVELOPMENT opportunity to own an existing 8 unit apartment & build additional units on the 2.++ acre site. Existing bldg was built in 1970, all 2 BR, 1BA units with electric heat & wall-sleeve A/C. Clean daylight basement is heated with a 2010 gas FA furnace. Large storage lockers, 2 sets of coin-op laundry machines. Roof tear-off in 2013. Newer carpeting & laminate flooring in some units. Upper units have a balcony off LR. Some very long term tenants. Building was connected to municipal sewer in 2016, freeing up land for additional buildings to be built by future owner.Septic system was abandoned, tanks & vent pipes removed. The GIS ''map'' and the Village of Wales' R-4 Multifamily Residential District Ordinance & Parking Requirements are available through ''Documents''
Basement
- Block, Full, Laundry Facilities
Interior Features
- Heating/Cooling: Electric, Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
- Water Waste: Municipal Sewer, Private Well
- Inclusions: 8 stoves, 8 refrigerators, 8 wall-sleeve A/C units, water softener, 2 washing machines, 2 dryers.
Building and Construction
- Apartment Building
- Roof: Composition
Land Features
- Waterfront/Access: N
- Lot Description: Irregular shape - see GIS
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
| 1715809 | Sold | ActiveWO | Aug 16 2021 12:00AM | $980,000 | 209 | ||
| 1715809 | Sold | ActiveWO | Aug 16 2021 12:00AM | $980,000 | 209 | ||
| 1715809 | ActiveWO | Active | Aug 11 2021 5:20PM | 209 | |||
| 1715809 | Apr 21 2021 3:22PM | $1,150,000 | $1,200,000 | 209 | |||
| 1715809 | Active | Oct 21 2020 7:07PM | $1,200,000 | 209 |
Contact Shorewest
1.800.434.7350
Community Homes Near 245 Summit Ave
| Wales Real Estate | 53183 Real Estate |
|---|---|
| Wales Vacant Land Real Estate | 53183 Vacant Land Real Estate |
| Wales Foreclosures | 53183 Foreclosures |
| Wales Single-Family Homes | 53183 Single-Family Homes |
| Wales Condominiums |
The information which is contained on pages with property data 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. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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