Venenga SpiessTeam
BEDS0
BATHS
SQUARE FEET5,274
MLS#1986129
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMenomonee Falls
Listing Courtesy of:
Encore Real Estate Brokerage
Agency Phone: 2623662526
Property Description
Rare Opportunity in heart of Menomonee Falls, WI. RESTAURANT BUSINESS IS REMAINING AND NOT PART OF THE SALE. Mixed use building in downtown Menomonee Falls, WI. Anchor tenant is Restaurant / Bar that has been in business 60 + years. Four apartments (3 bedroom / 2 Bedroom / 1 Bedroom / Studio) and Garage with office combine for multiple income streams. Three of the four apartments have been remodeled in the last 5 years. Apartments rent within DAYS. Within 100 yards of two large high end apartment complexes and multiple retail centers. PRICED TO SELL AT TODAY'S 8.6 CAP RATE with strong potential upside. Short term rentals a possibility due to historic nature of building and zoning and location. Strong Cash flow with significant upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.25 Acres
Taxes: $4,626
Year Built: 1920
Appliances
Seller Owned: Dryer
Seller Owned: Washer
Feature Descriptions
Basement: Partial
Data Source: WIREX_METRO
Days on Site: 2
Exterior: Vinyl, Wood
Heating/Cooling: Hot Water/Steam
Heating Fuel: Natural Gas
Parking: Outdoor Space, Inside Parking, Outside
Units: 6
Water/Waste: Municipal Sewer, Municipal Water
Local Schools
High School: Menomonee Falls
Middle School: North
School District: Menomonee Falls
Listed By / Shown By
Listed By
Agency Name: Encore Real Estate Brokerage
Agency Phone: 2623662526
Shown By
Agent Name: Venenga Spiess Team
Agent Phone: (608) 220-8584
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 5,140.88 per month $4,507.46 Principal & Interest $385.50 Property Tax $247.92 Homeowner's InsuranceChange Payment Information
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N91w16356 Pershing Avenue | MLS# 1986129
This multi-family property located at N91w16356 Pershing Avenue, Menomonee Falls, WI 53051 is currently listed for sale with an asking price of $850,000. N91w16356 Pershing Avenue is located within the Menomonee Falls school district. Search Menomonee Falls real estate on vsteam.starkhomes.com today.