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Mixed-Use

1400-1404 S 11th St

1400-1404 S 11th St, Milwaukee, WI 53204

Listing Price: $450,000

Cap Rate
8.91%
Number of Units
5
Occupancy
5.0%
Price/Unit
$90,000
Price/Gross SF
$78.95
Gross SF
5,700

Investment Overview

5 unit, mixed use commercial & residential property located at 1400-1404 S. 11th St. in the City of Milwaukee, Milwaukee County, Wisconsin. This all brick exterior 5220 square ft., building rests on a 4000 square ft. corner lot and was constructed in 1889 (per assessor's record). It has 2 commercial store fronts/retail spaces and 3 residential units.

There are 2, 3 bedroom units on the second floor and 1, 2 bedroom unit attached to the building. Refrigerators and stoves are included with each unit. Individual gas forced air units are used to heat each unit and tenant's are responsible for gas and electric utilities. The owner pays for common area electricity, water and sewer.

Investment Highlights

  • Located in high traffic area
  • Updated apartments
  • Tenants pay heat and electric

Exclusively Listed By

Financing By

Mixed-Use

1400-1404 S 11th St

Listing Price: $450,000

Cap Rate
8.91%
Number of Units
5
Occupancy
5.0%
Price/Unit
$90,000
Price/Gross SF
$78.95
Gross SF
5,700

Investment Highlights

  • Located in high traffic area
  • Updated apartments
  • Tenants pay heat and electric

Investment Overview

5 unit, mixed use commercial & residential property located at 1400-1404 S. 11th St. in the City of Milwaukee, Milwaukee County, Wisconsin. This all brick exterior 5220 square ft., building rests on a 4000 square ft. corner lot and was constructed in 1889 (per assessor's record). It has 2 commercial store fronts/retail spaces and 3 residential units. There are 2, 3 bedroom units on the second floor and 1, 2 bedroom unit attached to the building. Refrigerators and stoves are included with each unit. Individual gas forced air units are used to heat each unit and tenant's are responsible for gas and electric utilities. The owner pays for common area electricity, water and sewer.

Exclusively Listed By

Financing By

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