This tremendous Multi-Family property w/a great rental history & low vacancy, sits on 5.29 acres in the town of Lisbon. The property consists of 5 buildings (total 14 units) & 36 outside parking spaces. Unit layout includes; Living room, Kitchen, dining area, 2 BRs & 1 BA. Since 2020 seller has spent over $190K towards upgrading the property including; new roof on all buildings (2023), updated approximately 11 units w/ new cabinets, appliances, countertops, flooring, bathrooms, resurfaced parking lots, 1 new septic & many units w/ new water heaters, furnaces & windows. Property has potential for more development w/ 5.29 acres of land & rent increase. Tenants pays gas, electric & heat. The property is well located & minutes from shopping, entertainment & the freeway system.
Property Type(s):
Multi Family
Last Updated
2/26/2024
Year Built
1940
County
Waukesha
SCHOOLS
School District
Hamilton
Jr. High School
Templeton
High School
Hamilton
Price History
Prior to Feb 20, '24
$1,699,000
Feb 20, '24 - Feb 26, '24
$1,649,000
Feb 26, '24 - Today
$1,599,000
Additional Details
CONSTRUCTION
Vinyl Siding
HEAT
Forced Air, Natural Gas
LOT
5.29 acre(s)
SEWER
Septic Tank
TAXES
7581.55
WATER
Well
ZONING
RM
Listed with Shorewest Realtors, Inc.
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