Hampton Avenue Multifamily (8-Unit)

10831 W Hampton Avenue Milwaukee, WI 53225

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$480,000
Last Verified:
Mar 25, 2019

Highlights

  • Value-Add Opportunity - Re-Position & Boost Rents
  • Multiple Sources of Untapped Additional Income Streams
  • Adjacent to Retail /Shopping
  • Easy Access to HWY-100 & I-41 (3 Blocks West)

Description

This desirable 8-unit multifamily apartment complex at 10831 W. Hampton Avenue was built in 1963 on 0.44 acres of land.

The property consists of Eight (8) units in one, two-story brick/vinyl building. Six (6) of the unis are 2 Bedroom/1 Bath and
they rent for $625 / Month & Two (2) of the units are 3-Bedroom/2-Bath and they rent from $750 - $825. Tenants are
responsible for: Gas (Heat, Hot-Water, & Cooking), Electric. The Landlord is responsible for: Water, Sewer, Trash, and
Common Area Electric.

The sale of 10831 W Hampton Avenue gives an investor the opportunity to purchase an easy to manage, turnkey
investment with upside potential in a premier Wisconsin community.

The building is located on the south side of Hampton Avenue between 107th & 108th Streets in The City of Milwaukee (near the Wauwatosa border)

This property is Ideally located: Three (3) blocks East of Highway 100 & I-41 which makes it easily accessible and extremely desirable. Likewise, there is ample retail and shopping adjacent to the center or just a short drive away.


Year Built: 1963
Building Size: 8687.0sq ft
Lot Size: 0.44 acres

Map of 10831 W Hampton Avenue , Milwaukee, WI, 53225

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