5101 W Lincoln Ave, Milwaukee, WI 53219 Sold for $3,850,000 on 04/15/2022

5101 W Lincoln Ave, Milwaukee 32 Units $3,850,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 32
  • Unit Type 1 # of Units: 24
  • Unit Type 1 Avg Rent: $950
  • Unit Type 2 # of Units: 8
  • Unit Type 2 Avg Rent: $800
  • Inside Parking: 62
  • Outside Parking: 20
  • Est. Square Footage: 35,610
  • Est. Year Built: 1995
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1777958
  • Listing Company: LG Unlimited, LLC
  • Price/SqFt: $112
  • Zip Code: 53219

5101 W Lincoln Ave, Milwaukee, WI 53219 - Rare Investment opportunity as current owner is retiring! 32 units ( 24- 2 bedrooms 8- 1 bedrooms ) brick masonry building with heated 62 spot underground parking! Each unit features it's own washer and dryer. The 2 bedrooms have 2 full baths with one being an en suite master bath with walk-in closet. Units also have patios or balconies. Building is in great condition and in a great rental location. There is only 1 vacant unit that will be filled by the 15th. The building stays fully occupied with a waiting list.

Additional Features
  • Block, Full
  • Heating/Cooling: Electric
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 32 of the following: Refrigerators, Stacked Washer Dryer, Dishwashers, Disposals, Wall mounted A/C units.
  • Apartment Building
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1777958 Sold ActiveWO Apr 15 2022 12:00AM $3,850,000 9
1777958 Sold ActiveWO Apr 15 2022 12:00AM $3,850,000 9
1777958 ActiveWO Active Feb 4 2022 3:58PM 9
1777958 Active Jan 27 2022 10:15AM $4,000,000 9

Estimated Monthly Payment

$3,287 per month
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