8712-8714 W Mitchell 8714A St, West Allis, WI 53214
8712-8714 W Mitchell 8714A St, West Allis, WI 53214
8712-8714 W Mitchell 8714A St, West Allis, WI 53214
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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567
Listed by William Backes Compass RE WI-Tosa
$600,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 1977935

Year Built 1897

Acres 0.45

Property Sub-Type Multi-Family

Property Description

One package, two buildings, six units in the heart of West Allis: a 4-family plus a duplex, fully occupied with $67,080 in scheduled annual rents and leases in place into 2027. Rents average just $932/unit with clear room to grow at each renewal. 2025 operating statements reflect a ~$25K one-time exterior renovation of the duplex - that reinvestment is done and the buildings show it. Steady tenant base, professional management in place, and the adjacent 22-space parking lot is separately available for buyers who want to control the whole corner. Six doors at under $100K each with documented income. Financials, rent roll, and leases on file. Do not disturb tenants; showings by appointment.

Location

State WI

County Milwaukee

Zoning RES

Direction From I-94, exit S 84th St and head south to W Mitchell St; west to the 8700 block. Two buildings on one parcel: 8712-8714 and 8714A (4-family) directly behind/adjacent.

Rooms

Basement Laundry Facilities, Full

Interior

Inclusions 6 Refrigerators, 6 Ranges, Laundry Equipment

Exterior

Parking Features Near Public Transit, Outdoor Space

Exclusions Tenant's Personal Property

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Aluminum Siding,Vinyl,Wood

Schools

School District West Allis-West Milwaukee

Others

Tax ID 4510354002

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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567

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