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5823 W Appleton Avenue, Milwaukee, WI 53210
$490,000
5823 W Appleton Avenue, Milwaukee, WI 53210View this property at 5823 W Appleton Avenue, Milwaukee, WI 53210
5823 W Appleton AvenueMilwaukeeWI53210
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Property Description
Solid investment in the Saint Joseph neighborhood of Milwaukee. Currently 100% occupied with historically low vacancy. Owner pays common gas & electric, water & sewer. Tenants pay for heat, gas and electric. Converted from one central boiler to new individual furnaces in 2015 along with the new ductwork to with it. Low maintenance brick exterior with approximately 12 year old flat rubber roof. Leased coin-op laundry for additional income and storage in the basement. Invest in this property, raise the rents and enjoy your cash flow! Conservative projected rents of $815 for 2 Bedrooms, $725 for 1 Bedrooms. Possible alternative uses are adult care building or government programs for guaranteed income. Buyer to cooperate with Sellers 1031 exchange.
Full Property Details
Full Property Details for 5823 W Appleton Ave
General
- Sold For: $490,000
- Taxes: $6,946 (2022)
- Status: Closed
- Type: Apartment
- MLS ID: 1832342
- Added to Site: 267 day(s) ago
Interior
- Appliances: Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
Parking
- Parking Features: Outdoor Space, Inside Parking, Outside
Location
- Municipality: Milwaukee
- County: Milwaukee
- Driving Directions: From West: Appleton Ave east to 59th St, south on 59th and park OR take Center St to 59th and go north to parkFrom East: Lisbon to Appleton Ave, Appleton to Center, 1 block to 59th, north to park
School Information
- School District: Milwaukee
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Individual Heating Units
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Description/Design: Apartment Building
- Exterior Const.: Brick/Stone, Brick
- Basement Desc.: Full
- Square Feet: 6,536
- Year Built: 1929
Unit Information
- Units in Building: 8
Lot Features
- Lot Size Range: Less than .499 Acre
- Lot Size Source: Assessor/Public Record
- Zoning: LB2 / Apartment
Financial Considerations
- Tax Amount: $6,946.56
- Tax Year: 2022
Disclosures and Reports
- Exclusions: Owners and tenants personal property
- Inclusions: 8 refrigerators, 8 stoves, 1 water heater
Listed by CAP Investment Realty, LLC
Sold by RE/MAX Realty Pros Milwaukee
Get Pre-Approved Today
Schools
Schools serving 5823 W Appleton Ave
School District:Milwaukee Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5110 W Locust St, Milwaukee, WI 53210 | K-8 | 0.5 mi | |
2360 N 52nd St, Milwaukee, WI 53210 | K-5 | 0.6 mi | |
3778 N 82nd St, Milwaukee, WI 53222 | K-5 | 1.9 mi | |
8400 W Burleigh St, Milwaukee, WI 53222 | 6-12 | 1.7 mi | |
800 W Walnut St, Milwaukee, WI 53205 | 6-8 | 3.4 mi | |
5496 N 72nd St, Milwaukee, WI 53218 | 6-12 | 3.5 mi | |
2525 N Sherman Blvd, Milwaukee, WI 53210 | 9-12 | 0.9 mi | |
2300 W Highland Ave, Milwaukee, WI 53233 | 9-12 | 2.8 mi | |
1801 W Olive St, Milwaukee, WI 53209 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5823 W Appleton Ave
Date
Details
Price
Change
Source
8/25/2023
Sold
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5823 W Appleton Avenue, Milwaukee, WI 53210 (MLS# 1832342) is a Apartment property that was sold at $490,000 on August 25, 2023. Want to learn more about 5823 W Appleton Avenue? Do you have questions about finding other Apartment real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.