Bought with Ashley Haut
$2,175,000
$2,300,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
5225 S Lake Dr Cudahy, WI 53110
0.39 Acres Lot
Key Details
Sold Price $2,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality CUDAHY
MLS Listing ID 1810979
Sold Date 11/10/22
Year Built 1929
Annual Tax Amount $33,589
Tax Year 2021
Lot Size 0.390 Acres
Acres 0.39
Property Description
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)
Location
State WI
County Milwaukee
Zoning RS2
Rooms
Basement Full, Laundry Facilities
Interior
Heating Electric, Natural Gas
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Brick/Stone, Brick
Waterfront N
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
Middle Schools Cudahy
High Schools Cudahy
School District Cudahy
Others
Acceptable Financing Exchange
Listing Terms Exchange
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