5225 S Lake Dr, Cudahy, WI 53110 Sold for $2,175,000 on 11/10/2022

5225 S Lake Dr, Cudahy 24 Units $2,175,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 24
  • Unit Type 1 # of Units: 24
  • Unit Type 1 Avg Rent: $798
  • Outside Parking: 12
  • Est. Year Built: 1929
  • School District: Cudahy
  • High School: Cudahy
  • County: Milwaukee
  • Postal Municipality: Cudahy
  • MLS#: 1810979
  • Listing Company: Coldwell Banker Realty
  • Zip Code: 53110

5225 S Lake Dr, Cudahy, WI 53110 - A total of three 8-unit apartment buildings. Individual addresses are 4757, 5225, and 5231 S. Lake Drive. Each building has a brick exterior with newer, vinyl-clad insulated windows. 4757 & 5225 both have gas boilers and water heaters (so owner pays heat and hot water). The tenants of 5231 are responsible for paying their own heat (so owner just pays the gas for hot water). All other utilities, including quarterly water, are paid for by the tenants. Each building has a coin-op washer and dryer in the basement. See Documents Section for Financials (Offering Memorandum)

Additional Features
  • Full, Laundry Facilities
  • Heating/Cooling: Electric, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 24 refrigerators, 24 stoves, 3 coin-op washers, 3 coin-op dryers.
  • Apartment Building
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1810979 Sold ActiveWO Nov 10 2022 12:00AM $2,175,000 12
1810979 Sold ActiveWO Nov 10 2022 12:00AM $2,175,000 12
1810979 ActiveWO Active Sep 26 2022 5:35PM 12
1810979 Active Sep 14 2022 6:14PM $2,300,000 12

Estimated Monthly Payment

$3,287 per month
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