W220N9009 Town Line Rd Lisbon WI 53051-1041 | $1,599,000

Multi-Family
Active
MLS# 1860360
Total Number of Units: 14
Est. SqFt: 9,360

Room Dimensions

Main

  • Full Baths: 0

W220N9009 Town Line Rd Lisbon WI 53051-1041 - This tremendous multi-family property with a great rental history and very low vacancy, sits on 5.50 acres in the town of Lisbon. The property consists of 5 buildings with a total of 14 units, all with 2 bedroom,1 bath and 36 outside parking space. Unit layout includes; kitchen, dining area, living room, 2 bedrooms & 1 bath. Since the end of 2020 seller has spent over $190,000 towards upgrading the property including; new roof on all buildings (2023), updated approximately 11 units with new cabinets, stainless steel appliances, countertops, flooring, bathrooms, resurfaced parking lots, one new septic, and many units with new water heaters and furnaces and windows. Property has potential for more development with 5.50 acres of land and rent increase. Tenants pays gas, electric and heat. The property is well located and although in a country setting, it is just minutes from shopping, entertainment, and the freeway system.

Features

  • Multi-Family
  • Status: null
  • Total Number of Units: 14
  • Unit Type 1 # of Units: 14
  • Unit Type 1 Avg Rent: $900
  • Outside Parking: 36
  • Est. Square Footage: 9,360
  • Est. Year Built: 1940
  • Est. Acreage: 5.29
  • School District: Hamilton
  • High School: Hamilton
  • County: Waukesha
  • Property Taxes: $7,581
  • Property Tax Year: 2023
  • Postal Municipality: Menomonee Falls
  • MLS#: 1860360
  • Listing Company: Shorewest - Menomonee Falls-Germantown
  • Price/SqFt: $170
  • Zip Code: null

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity