Price
$ 499,000
1540 W Fond Du Lac Ave, Milwaukee, WI 53205  

1540 W Fond Du Lac Ave, Milwaukee, WI 53205  

What does everybody want? Value add! What does everybody need? Cash flow! 5 minutes from Fizerv Forum and blocks away from Tandem restaurant, this property has the potential for an 18% Cap rate! 12 1-BR apartments make up the second and third floors. Tenants pay all utilities except water. The lower level consists of two commercial spaces; one is a large space equipped with a kitchen and ventilation system, perfect for someone looking to start a restaurant. The other smaller commercial space can be used for offices, salon, etc. Cash flow + value add= an incredible opportunity.

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  • Listing Type Multi-Family
  • Listing ID 1620455
  • Listing Status Active
  • Year Built 1929
  • County Milwaukee
  • County School District Milwaukee
  • Zoning LB2
  • Taxes 11731.7
  • TaxYear 2018
Listing courtesy of RE/MAX Lakeside-Capitol

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