8708 W Villard Ave, Milwaukee, WI 53225 Sold for $500,000 on 02/10/2020

8708 W Villard Ave, Milwaukee 8 Units $500,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 8
  • Unit Type 1 # of Units: 5
  • Unit Type 1 Avg Rent: $580
  • Unit Type 2 # of Units: 3
  • Unit Type 2 Avg Rent: $790
  • Outside Parking: 8
  • Est. Square Footage: 6,594
  • Est. Year Built: 1961
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1666020
  • Listing Company: Anderson Commercial Group, LLC
  • Price/SqFt: $88
  • Zip Code: 53225

8708 W Villard Ave, Milwaukee, WI 53225 - Great value-add investment opportunity. Current NOI is +/- $43,089 - 7.4% CAP Rate. 8 family building - 3 units fully rehabbed in 2019 including all new windows ($45K in updates). Owner also had $20K worth of exterior repairs/improvements made in 2019 including a brand-new roof. All units have 2BR, 1BA and separate utilities. Basement has laundry hookups (Tenants supply their own washer/dryers) and storage lockers. 8 parking spaces behind building + street parking. Convenient location, just east of the intersection of Appleton Ave and N 92nd St.

Additional Features
  • Block, Full
  • Heating/Cooling: Forced Air, Indiv. Heating Units, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 8 stoves, 8 refrigerators
  • 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
1843675 Expired ActiveWO 150
1843675 Expired ActiveWO 150
1843675 ActiveWO Active Oct 9 2023 7:34AM 150
1843675 Active ActiveWO Aug 31 2023 3:54PM 150
1843675 ActiveWO Active Jul 31 2023 10:42AM 150
1843675 Active Jul 25 2023 8:23AM $675,000 150
1726121 Sold ActiveWO Mar 26 2021 12:00AM $526,500 2
1726121 ActiveWO Active Feb 5 2021 9:04AM 2
1726121 Active Feb 3 2021 8:09PM $524,900 2
1666020 Sold Pending Feb 10 2020 12:00AM $500,000 95
1666020 Pending Active Jan 30 2020 9:54AM 95
1666020 Active Oct 30 2019 2:36PM $585,000 95
1606677 Sold Pending Dec 21 2018 12:00AM $341,600 93
1606677 Pending ActiveWO Dec 20 2018 3:36PM 93
1606677 ActiveWO Active Oct 1 2018 9:22PM 93
1606677 Active Sep 19 2018 9:49PM $370,000 93
1417377 Sold ActiveWO Jul 23 2015 12:00AM $308,000 41
1417377 ActiveWO Active Jun 4 2015 2:39PM 41
1417377 Active Apr 24 2015 9:22PM $290,000 41

Estimated Monthly Payment

$3,287 per month
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