7139 W Burleigh St -7143, Milwaukee WI 53210-1115 Sold for $185,000 on 11/10/2017

7139 W Burleigh St -7143, Milwaukee 8 Units $215,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 8
  • Est. Year Built: 1929
  • Subdivision: None
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1540701
  • Listing Company: Re/Max Lakeside-Capitol

7139 W Burleigh St -7143 Milwaukee WI 53210-1115 - Great location for this brick, fully-occupied Mixed Use investment building. It features 6 one-bedroom apartments, 2 retail storefronts, a 5-car garage, and a nice back yard. Well maintained with a modern boiler system and upgraded electric service. Gross rent is $57,192 per year. Priced to give you an 11.8 CAP. The DILHR Certificate is on file. NOTE: the City Tax Bill for this building is ridiculous because it is based on the assessed value of $324,000. If you buy this for $215,000 and appeal the value in April, you may save $2,900 in 2018 taxes!

Additional Features
  • Full
  • Heating/Cooling: Hot Water/Steam, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Apartment Building
  • Roof: Tar/Gravel
  • Waterfront/Access: N
  • Lot Size: 55x122 approx
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1540701 Sold ActiveWO Nov 10 2017 1:50PM $185,000 84
1540701 ActiveWO Active Oct 6 2017 9:54AM 84
1540701 Active Jul 16 2017 12:33PM $215,000 84

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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