809 W Burnham St, Milwaukee, WI 53204 (MLS # 1611507)

809 W Burnham St, Milwaukee, WI 53204 (MLS # 1611507)


Price $500,000
Status Active
Size n/a
Lot Size 13,068 sqft
This beautiful classic brick building built as Polonia Hall in 1915 contains a daycare facility and two beautiful apartments. Great cash flow, commercial tenant pays $5500 minus $250 heat credit, five year lease- year four $6250 less credit, year 5 $7000 less credit. Apartments rented at $750 and $895. Commercial kitchen in daycare facility. Commercial appraisal completed August 2, 2018. Close to several loft projects on Mitchell, great highway access.Seller financing possible.Easy to manage building with 12% CAP Rate that goes up with the lease. Please do not contact commercial tenant.
Property Type(s): Commercial
Last Updated 10/23/2018 Year Built 1915
County Milwaukee

Additional Details

AIR Hot Water/Steam
BASEMENT Full, Yes
CONSTRUCTION Brick
EXTERIOR Corner, Near Public Transit
INTERIOR Miscellaneous: Security Equipment
LOT 0.30 acre(s)
PARKING 0
SEWER Municipal Sewer,Sewer
STORIES 3
STYLE Commercial/Industrial
TAXES 3912.16
WATER Municipal Water
Listed with Riverwest Realty Milwaukee
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Information is supplied by seller and other third parties and has not been verified.

Copyright 2018 MetroMLS - All Rights Reserved.

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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2015 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.