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1040 7th Ave, Baldwin, WI, 54002

5beds
4baths
2,950sqft
$315,000
$107price/sqft
$2,559/moest. monthly cost
$102,360/yrincome needed

About This Home

Baldwin apartments is a fully stabilized 4-unit located a block off the busy main street. With it being 100% occupied this property is easy to keep full offering one & two bedroom units. All residents pay for their own unit electric and gas for heat. The owner just pays for water and trash. Built around the turn of the century the units are spacious and have some original hardwood floors, original trim, and tall ceilings. A lot of newer vinyl replacement windows. Plenty of off-street parking on the side of the property. Rents are currently below market and have room to organically improve! Net operating income $20,113+

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10
4/10
Viking Middle SchoolGrades 6-84.6 mi
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age Over 8 Years,Asphalt,Pitched
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Fourplex

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Partial,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,950

Heating

  • Heating features: Baseboard,Space Heater

Interior Area

  • Total structure area: 2,950
  • Total interior livable area: 2,950 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 106100740000
  • Foundation area: 1400

Features

  • Levels: Two
  • Pool features: None
  • Fencing: None
  • Topography of land: Level

Lot

  • Lot size: 4,704 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 40 x 130