Listing Provided Courtesy Of:
M3 Realty
Address
245 Summit Ave Wales, WI
Price
$ 1,150,000
Property Attributes
  • MLS#1715809
  • TypeMulti-Family
  • CountyWAUKESHA
  • CityWales
  • Zip53183
  • StyleApartment Building
  • Year Built1970
  • Taxes10456
  • Price$ 1,150,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3004
  • Lot Size2.6 Acres
Listing Provided Courtesy Of:
M3 Realty
Data Source:
Metro MLS - Milwaukee
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''

Middle School High School
Kettle Moraine Middle School Kettle Moraine High School
Price History
10/22/2020 Listed $1,200,000
4/21/2021 5% - $1,150,000

General Features

1st Type Unit 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers
2nd Type Unit 1 Bath, 2 Bedrooms, Air Conditioning, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers
Basement Block, Full, Laundry Facilities
Garage Features Outdoor Space
High School Kettle Moraine
Middle School Kettle Moraine
Property Type D
School District Kettle Moraine
Status Active
Tax Year 2020
Taxes 10456.00
Type Apartment Building
Year Built 1970
Zoning R-4

Interior Features

Heating/Cooling Electric, Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Stories 1-2 Stories
Total Number of Units 8
Type 1 Units 1.00
Type 2 Units 1.00
Type 3 Units 1.00
Type 4 Units 1.00

Exterior Features

Exterior Brick
Flood Plan No
Lot Size Irregular shape - see GIS
Parking Inside 0.00
Parking Outside 18.00
Roofing Composition
Water/waste Municipal Sewer, Private Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 53183

Price
AVG $1.15M
$1.15M
Taxes
AVG $10,456
$10,456
Visits
AVG 97
96
Year Built
AVG 1970
1970
Walkscore
AVG 33
33
Data Provided by Walkscore ® not using MLS data

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