Description
This tremendous multi-family property generates cash flow with 9.5 cap rate, low vacancy and sits on 5.29 acres in the town of lisbon. the property consists of 5 buildings (14 units) & 36 outside parking spaces. units w/similar layouts include; living room, kitchen, dining area, 2 brs & 1 ba. since 2020 seller has done extensive updates on the property including; new roof on all buildings (2023), updated approx. 12 units with new cabinets, appliances, countertops, flooring, bathrooms, new asphalt for parking lots, 1 new septic system & many units w/new mechanicals, windows, & all exterior doors. property has potential for more development w/5.29 acres of land & rent increase. tenants pay gas, electric & heat. great location & minutes from shopping, entertainment & the freeway system.
Property Type
Multi FamilyCounty
WaukeshaStyle
OtherAD ID
46687186
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Property Details
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Exterior Features
Building Information
- Year Built: 1940
Other Information
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Property / Lot Details
Property Information
- Est. Acreage: 5
- City: Lisbon
- County: Waukesha
- Direction: County Line Rd. (Hwy Q) to Townline Rd, South on Townline Rd (Approximately 3/4 mile) to W220N9009 Townline Rd. Property is located along the west side of the road.
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Listing Information
Listing Price Information
- Original List Price: $1,325,000
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Taxes / Assessments
Tax Information
- Annual Tax: $7,582
- Tax Year: 2023
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School, Utilities & Location Details
School Information
- Middle School: Templeton
- High School: Hamilton
- School District: Hamilton
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BuyOwner last updated this listing 09/16/2024 @ 15:40
- MLS: 1888464
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Wisconsin - Metro MLS
is a Multifamily, with 0 bedrooms which is for sale, it has 751-1000,Not Verified sqft, 5 sized lot, and Outdoor Space parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lisbon , in zip code 53051, this Waukesha County Multifamily and are nearby neighborhoods.