EricaThompson
BEDS0
BATHS
MLS#1952517
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMilwaukee
Listing Courtesy of:
Keller Williams Realty-Milwaukee North Shore
Property Description
Public Remarks: This 12-unit multifamily presents a rare opportunity to acquire a high-unit-count asset with immediate repositioning potential. Currently, 7 units are occupied and 5 units are vacant, creating the perfect scenario for an investor to implement upgrades and lease at full market rents. The 12-car garage adds an advantage that strengthens tenant retention and overall property value.This asset is ideal for an investor looking to force appreciation through renovations and lease-up strategy. With a few vacancies, the buyer has control to improve quality, set new rent comps, and increase overall asset value without displacing stabilized long-term tenants.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.54 Acres
Taxes: $16,213
Year Built: 1951
Feature Descriptions
Basement: Full, Laundry Facilities, Partial
Building: Apartment Building
Data Source: WIREX_METRO
Exterior: Brick/Stone, Brick
Heating Fuel: Natural Gas
Parking: Outdoor Space, Inside Parking, Outside
Units: 12
Water/Waste: Municipal Sewer, Municipal Water
Local Schools
School District: Milwaukee
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty-Milwaukee North Shore
Shown By
Agent Name: Erica Thompson
Agent Phone: (608) 438-0339
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 5,211.33 per month $3,659.00 Principal & Interest $1,351.08 Property Tax $201.25 Homeowner's InsuranceChange Payment Information
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3700-3712 N Sherman Boulevard | MLS# 1952517
This multi-family property located at 3700-3712 N Sherman Boulevard, Milwaukee, WI 53216 is currently listed for sale with an asking price of $690,000. 3700-3712 N Sherman Boulevard is located within the Milwaukee school district. Search Milwaukee real estate on ecolstad.starkhomes.com today.