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2312 N 71st STREET, Wauwatosa, WI, 53213

--beds
--baths
--sqft
$755,000
--price/sqft
$5,569/moest. monthly cost
$222,760/yrincome needed

About This Home

Check out this fantastic investment opportunity in Wauwatosa! This well-maintained property features 8 studio-style units. It includes a large private parking lot at the rear of the building. Seven units are currently rented at $700 per month, while the eighth unit is rented at $800, providing significant potential for future rent increases. The basement offers individual storage lockers for each unit, as well as a coin-operated washer and dryer, generating an additional $1,000 to $1,500 annually. Utilities are shared, with tenants covering the water bill, while the owner pays electric and gas, which typically costs between $450 and $700 per month. Don't miss out on this prime investment opportunity--schedule a tour today!

Getting Around

88
WalkingVery Walkable
42
TransitSome Transit
60
BikeBikeable

Schools

10/10
6/10
Longfellow Middle SchoolGrades 6-80.4 mi
9/10
East High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1953

Materials

  • Construction materials: Brick/Stone,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Dryer,Washer

Basement

  • Has basement: Yes
  • Basement: Full

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 331028300
  • Zoning: C1 Commerical

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Outdoor Space,Inside Parking,Outside