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$499,000 / 8br - 6500ft2 - Silver City Commercial Property (Milwaukee)
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-Fully brick building
-8 Cars parking lot
-5 Residential units
-1 Commercial unit
-1927 Year built
Property Description:
1 Commercial - currently owner-occupied and wants to rent it at $2,800/mo with a two-year lease.
5 residential units
-1st unit 600/month
-2nd unit 800/month
-3/4th unit 900 a month
-The owner occupies the 5th unit and will be delivered vacant and can be rented at $1,000/mo
- The restaurant has its own water heater separate from the units
- The heating and furnace are 10 years old
- Plumbing good 12k fixes just done
- Electrical is good
- No HVAC only for the restaurant, not units.
Closing Date: on or before December 30th
POF is required to walk the property.
We are assigning our equitable interest in this property.
Terms
Cash offers preferred (private/hard money OK)—Highest and Best Offer. Unfortunately, we won't be able to negotiate after your offer is in. Come with your highest and best.
$10K EMD due within 24hrs of accepted offer.