W220N9009 Town Line Rd Lisbon WI 53051-1041
$1,599,000
$1,599,000
Lot lines
Front view
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Rear view
Full Bath- Pre occupancy
Kitchen- Pre occupancy
Kitchen- Pre occupancy
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Front view
Utility Shed
Features
- Multi-Family
- Status: Active
- 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
Property Description
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.
