$350,000

1900 S 31st St

Milwaukee WI, 53215

Description

Awesome opportunity to own Fully occupied RESIDENTIAL/COMMERCIAL mixed use multi unit rental property. WELL ESTABLISHED and very popular JOJO's Famous CHICKEN BUSINESS & VERY Busy Convenient store w/ beer license (rent @ 1500). STREET LEVEL STORE FRONTS occupied by Travel agency paying $700/MONTH ,UPPER LEVEL 2 BDRM, 1 BATH RENTED MTM @ $600. 3 other UPPER 1 BDRM 1 BATH units RENTED MTM @ $450/$500/$500/MONTH total $4250/month w long term tenants .Very well maintained building became available only due to owner's wish to downsize.Current owner is willing to take a property manager position for the new owner w/minimal fee of $300/month to help smooth operation.FINANCIAL DATA ON FILE.Owner will train the buyer upon acceptance if needed.

Details

MLS#1695955
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1934
Days On Site9

Features

SQ Feet6,476
Story(s)2
ZoningLB2
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Area Information

StateWI
CountyMilwaukee
CityMilwaukee
Zip Code53215
AreaMilwaukee
Listing VS Median (in 53215)
Price:
$350,000
low | high
Med:
$162,000
100% of Average
SqFt:
6,476
low | high
Med:
3,492
96.077825818406% of Average
$ / SqFt:
$54
low | high
Med:
$46
64.162002945508% of Average
On Site:
9
low | high
Med:
198
4.545454545455% of Average
Listing Updated: 07/04/2020
Yoon Soo Kim LogoMLS Number: 1695955
Listing Provided By:
Yoon Soo Kim  of  RE MAX Lakeside-27th
Listing data provided by Metro MLS. Copyright {{year}}, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
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