1222 N 116th St - Multi-Family FOR SALE


Wauwatosa, WI 53226
$659,900 USD
414-807-0422
1222 N 116th St, Wauwatosa, WI for Sale
$659,900 USD
Multi-Family - FOR SALE
1/8
null | 5.49% Cap Rate

1222 N 116th St
Wauwatosa, WI 53226


HIGHLIGHTS

  • Solid brick 4-family in desirable Wauwatosa
  • Four 2-bedroom, 1-bath units with income upside
  • Recently remodeled vacant unit projected at $1,300/month

OVERVIEW

Well-maintained 4-family in Wauwatosa featuring four 2-bedroom, 1-bath units. Unit 4 has been recently remodeled and is currently vacant for ease of showings, with projected rent of $1,300/month. Projected gross scheduled income is $54,600 annually with NOI of $36,233. Solid multifamily investment opportunity in highly desirable Wauwatosa location.

FOR SALE DETAILS

PRICE

$659,900 USD

PRICE/SF

$123 USD /SF

# OF UNITS

4

PRICE/UNIT

$164,975

CAP RATE

5.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1222 N 116th St – 4 Unit Multifamily

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

375-0028-000

ASK ABOUT THIS PROPERTY

Marco ZoccoliZoccoli RealtyMore Info
414-807-0422

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Marco ZoccoliZoccoli RealtyMore Info
414-807-0422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.