4245 S Packard Ave, Saint Francis, WI 53235 Sold for $545,000 on 01/20/2023

4245 S Packard Ave, Saint Francis 0.33 Acres $545,000 Sold

  • Commercial/Industrial
  • Status: Sold
  • Est. Square Footage: 6,608
  • Est. Year Built: 1962
  • County: Milwaukee
  • Postal Municipality: Saint Francis
  • MLS#: 1818399
  • Listing Company: Shorewest - Menomonee Falls-Germantown
  • Price/SqFt: $87
  • Zip Code: 53235

4245 S Packard Ave, Saint Francis, WI 53235 - GREAT Investment Opportunity - High 9.94 cap rate and just blocks from the LAKEFRONT in St. Francis!!! Very visible, oversized, 7 unit multi-use commercial building (currently used as 6). It has 4 retail spaces and 2 apartments with over 6,600 square feet in total. This property has a lot of potential for an investment or business owner. Second level has 2 VERY large apartments, 3 Bedroom/2 Bath and 2 Bedroom/1 Bath, both occupied and each with in-unit laundry. Updates include: Newer Furnaces/Water heater and mechanical units in the past few years, garage roof (tear off) 3/22 and more. This property also includes customer parking in front and additional business owner/tenants parking in back with a 2.5 car detached garage. It is conveniently located to all amenities, expressway and lake. Please do not disturb current tenants.

Additional Features
  • Block, Full
  • Heating/Cooling: Central Air, Forced Air, Indiv. Heating Units, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: (2) Rental Apt's Items: (2) Ovens/Range, (2) Refrigerators, (2) Dishwashers, (2) Washers & Dryers and (2) Microwaves.
  • Roof: Composition
  • Waterfront/Access: N
  • Lot Description: .33
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1818399 Sold ActiveWO Jan 20 2023 12:00AM $545,000 22
1818399 Sold ActiveWO Jan 20 2023 12:00AM $545,000 22
1818399 ActiveWO Active Dec 10 2022 8:55AM 22
1818399 Dec 2 2022 3:35PM $575,000 $599,000 22
1815227 Expired Active Nov 15 2022 12:00AM 30
1815227 Oct 27 2022 9:30PM $625,000 $675,000 30
1795167 Expired Withdrawn Oct 17 2022 12:00AM 139

Estimated Monthly Payment

$3,287 per month
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Bob Sefiddashti

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