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3724 N 55th St 3724A, Milwaukee, WI 53216 Sold for $1,150,000 on 06/30/2021
Features of 3724 N 55th St 3724A, Milwaukee, WI 53216
WI > Milwaukee > Milwaukee > 3724 N 55th St 3724A
- Two Family
- Status: Sold
- Unit 1 Total Rooms: 5
- Unit 1 Beds: 2
- Unit 1 Full Baths: 1
- Unit 1 Rent: $0
- Unit 1 Est. Sq Footage: 0
- Unit 2 Total Rooms: 4
- Unit 2 Beds: 1
- Unit 2 Full Baths: 1
- Unit 2 Rent: $0
- Unit 2 Est. Sq Footage: 0
- Garage: 2.0, Detached
- Est. Year Built: 1942
- School District: Milwaukee
- County: Milwaukee
- Postal Municipality: Milwaukee
- MLS#: 1731033
- Listing Company: SVN Hintze Commercial Real Estate
- Price/SqFt: $423
- Zip Code: 53216
Property Description for 3724 N 55th St 3724A, Milwaukee, WI 53216
3724 N 55th St 3724A, Milwaukee, WI 53216 - PROPERTY OVERVIEW: pleased to offer for your investment consideration a 100% fee simple interest in a 17-Unit portfolio located in the Grasslynn Manor neighborhood of Milwaukee, Wisconsin. These residential units, consisting of 8 duplexes and 1 single family home, were built in the mid 20th Century. The units are 100% occupied and within close proximity providing management efficiency.PROPERTY HIGHLIGHTS:Value-add opportunity for a new Owner to cut the loss to lease and bring rents to market.Year 1 ''As-Is'' Cash-On-Cash: 14.20% & Pro-Forma Cash-On-Cash: 15.50%IRR 7-Year Holding Period: 25.42%
Basement
- Full
Interior Features
- Water Waste: Municipal Sewer, Municipal Water
- Inclusions: Furnace, Hot-Water Heaters
Building and Construction
- Duplex/2 Story
- Roof: Composition
Land Features
- Waterfront/Access: N
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
| 1731033 | Sold | Pending | Jun 30 2021 12:00AM | $1,150,000 | 141 | ||
| 1731033 | Sold | Pending | Jun 30 2021 12:00AM | $1,150,000 | 141 | ||
| 1731033 | Pending | Active | Mar 26 2021 11:09PM | 141 | |||
| 1731033 | Active | Mar 17 2021 5:32PM | $1,225,000 | 141 |
Contact Shorewest
1.800.434.7350
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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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