Listing Courtesy Of:
M3 Realty, (414) 305-1949, Pat Mullikin
Listing Sold By:
NON MLS
Local Realty Services Provided By:
Keller Williams Realty - Milwaukee Southwest
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245 E Summit Ave, Wales, WI 53183
245 E Summit Ave, Wales, WI 53183
Estimation provided by Keller Williams Realty Inc.
Sold
Sold
Property Description
Fantastic DEVELOPMENT opportunity to own an existing 8 unit apartment & build additional units on the 2.++ acre site. Existing bldg was built in 1970, all 2 BR, 1BA units with electric heat & wall-sleeve A/C. Clean daylight basement is heated with a 2010 gas FA furnace. Large storage lockers, 2 sets of coin-op laundry machines. Roof tear-off in 2013. Newer carpeting & laminate flooring in some units. Upper units have a balcony off LR. Some very long term tenants. Building was connected to municipal sewer in 2016, freeing up land for additional buildings to be built by future owner.Septic system was abandoned, tanks & vent pipes removed. The GIS ''map'' and the Village of Wales' R-4 Multifamily Residential District Ordinance & Parking Requirements are available through ''Documents''
Property Details
Compare This Home
Overview
Property Type
Multi-Family
Year Built
1970
Days on Site
1,616 Days
HVAC
Electric, Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Parking
18 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$980,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
05/13/2024
Listed
(+17.35% )
08/16/2021
Sold
(+78.18% )
04/28/2003
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(-12.53% )
Land 281,000 +
Additions 788,100
2022
(-7.27% )
Land 281,000 +
Additions 788,100
2021
(+30.51% )
Land 281,000 +
Additions 788,100
2020
(+15.07% )
Land 200,000 +
Additions 464,100
2019
(-2.86% )
Land 200,000 +
Additions 464,100
2018
(-18.63% )
Land 200,000 +
Additions 464,100
2017
Land 200,000 +
Additions 464,100
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Wales Rd/Summit Ave
Car-Dependent
Walkable
Very Walkable
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