726 Minnesota Avenue

South Milwaukee, WI 53172

$700,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water....FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.
  1. Listed by Christopher M Gebert • Keller Williams Realty-Milwaukee Southwest • 262-599-8980

Property Details for 726 Minnesota Avenue

Zoning
Commercial
Municipal Code
South Milwaukee
LISTING UPDATED: 10/16/2024 11:15 AM

Property Details for 726 Minnesota Avenue

StatusActive
MLS #1891416
Days on Market50
Taxes$7,899 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1915
CountyMilwaukee County

Building Information for 726 Minnesota Avenue

Building/Complex726 Minnesota AveFloor-Stories-Residences6Pet Policy-Year Built1915Building Size-

Property Information for 726 Minnesota Avenue

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: Unknown
  • State: Wisconsin
  • County: Milwaukee
  • Zip Code: 53172
  • Geo Lat: 42.912451
  • Geo Lon: -87.856493
  • Agent Remarks: Located at the corner of Minnesota Ave and Eighth St
Taxes and HOA Information
  • Taxes: $7,899.00
  • Tax Year: 2023
School Information
  • School District: South Milwaukee
  • High School: South Milwaukee
  • Middle School: South Milwaukee
Parking
  • Garage Parking: Indoor Space, Near Public Transit
  • Parking Inside: 5.0
  • Parking Outside: 0.0
Property
Lot Information
  • Year Built Numeric: 1915
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.21
  • Type: Apartment Building
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
Interior Features
  • Basement Features: Full, Laundry Facilities
  • Heating/Cooling: Electric
Multi Family
Multi-Family Information
  • Total Units: 6
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 1.0
  • 1st Type Unit: 1 Bath, Balcony/Patio, Cable TV Available, Range/Oven, Refrigerator, Storage Lockers, Studio/Efficiency
  • Estimated SqFt #1: 750 or less
Unit 2
  • Unit Info: # Of Units Type #2: 3.0
  • 2nd Type Unit: 1 Bath, 1 Bedroom, Balcony/Patio, Cable TV Available, Living Room, Range/Oven, Refrigerator, Storage Lockers
  • Estimated SqFt #2: 751-1000
Unit 3
  • Unit Info: # Of Units Type #3: 2.0
  • 3rd Type Unit: 1 Bath, 2 Bedrooms, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
  • Estimated SqFt #3: 751-1000

Property History for 726 Minnesota Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 726 Minnesota Avenue

Taxable ValueLand$72,000Additions$294,900Total$366,900
Tax Record2023$7,136 ($595 / month)
Home Facts
Lot Size8,999 SqFtStyleMiscellaneous CommercialCountyMILWAUKEEAPN771-9986-000

Schools near 726 Minnesota Avenue

This home is within South Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Luther Elementary School
PublicPK to 5

South Milwaukee Middle School
Public6 to 8

South Milwaukee High School
Public9 to 12

Landmark Christian Academy
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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726 Minnesota Avenue is a multi-family home for sale in South Milwaukee, WI 53172. This property was listed for sale on September 11, 2024 by Keller Williams Realty-Milwaukee Southwest, it's currently listed at $700,000. It has been on the market for a total of 50 days and was last sold on July 19, 2023. This listing's school district is South Milwaukee School District. Nearby schools include Luther Elementary School, South Milwaukee Middle School and South Milwaukee High School. 726 Minnesota Avenue is a 0-bed, 0-bath, multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Milwaukee Southwest

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/16/2024 11:15 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved