NOT LISTED FOR SALE

Estimated Value: $4,771,417

-- Bed
-- Bath
35,610 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $3,850,000 $108 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $30,895/month

8 Days on Market

Highlights

  • 1.46 Acre Lot
  • Subterranean Parking
  • Heating Available
  • Golda Meir School Rated A-
  • Enclosed Parking

About This Home

As of April 2022

Rare Investment opportunity as current owner is retiring! 32 units ( 24- 2 bedrooms 8- 1 bedrooms ) brick masonry building with heated 62 spot underground parking! Each unit features it's own washer and dryer. The 2 bedrooms have 2 full baths with one being an en suite master bath with walk-in closet. Units also have patios or balconies. Building is in great condition and in a great rental location. There is only 1 vacant unit that will be filled by the 15th. The building stays fully occupied with a waiting list.

Last Agent to Sell the Property

Lance Grimord

LG Unlimited, LLC License #55240-90 Listed on: 01/27/2022

Last Buyer's Agent

The Marciniak Team*

RE/MAX Realty Pros~Milwaukee License #14642-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $64,737

Year Built

  • Built in 1995

Lot Details

  • 1.46

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 35,610 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Enclosed Parking
  • Subterranean Parking
  • Outside Parking

Additional Features

  • 1.46 Acre Lot
  • Heating Available

Community Details

  • 32 Units

Listing and Financial Details

  • Exclusions: Tenants personal property.

Property Details

Home Type

Apartment

Est. Annual Taxes

$64,737

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 32 of the following: Refrigerators, Stacked Washer Dryer, Dishwashers, Disposals, Wall mounted A/C units.
  • New Construction: No
  • Year Built: 1995
  • Cleared Acreage: Over 1 acre to 2 acres
  • Full Street Address: 5101 W Lincoln AVENUE
  • Type 5 Heat Fuel: Electric
  • Lot Acreage: 1.46
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 35610.00

Exterior Features

  • Exclusions: Tenants personal property.
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Underground Garage
  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RM
  • Acreage Range: 1 to 4.99

Tax Info

  • Tax Year: 2021
  • Total Taxes: 64737.37

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $3,850,000 0.0% $108 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $3,850,000 -- $108 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1777958

Metro MLS