BEDS0
BATHS
MLS#6126043
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSuperior
Listing Courtesy of:
RE/MAX Results
Agency Phone: 7153921111
Property Description
Fully leased 5-plex in a prime Superior location! Situated on the corner of Banks Avenue and N 11th Street, this solid, well-maintained property features three 1-bedroom units and two studio apartments. The building offers a full poured-concrete basement and strong rental history. Several units have been updated, with opportunity to add value as others turn over. Per the seller, the Weil-McLain boiler and heating components have been upgraded, and the roof has been recently replaced. Currently generating approximately $3,935 per month in rental income with average monthly expenses of about $960 (utilities, taxes, and insurance) ? this is a great opportunity for steady cash flow and continued equity growth!
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.09 Acres
Taxes: $3,510
Year Built: 1914
Units
Unit 1:
Full Baths: 1
Square Footage: 250
Unit 2:
Bedrooms: 1
Full Baths: 1
Unit 3:
Bedrooms: 1
Total Baths: 1.0
Unit 4:
Bedrooms: 1
Total Baths: 1.0
Feature Descriptions
Building: 2 Story
Data Source: WIREX_SAAR
Lot Dimensions: 50 x 80
Units: 5
Local Schools
School District: Superior
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 7153921111
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
Estimate Your Payment
Estimated Payment
$ 2,133.11 per month $1,744.65 Principal & Interest $292.50 Property Tax $95.96 Homeowner's InsuranceChange Payment Information
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1028 Banks Ave | MLS# 6126043
This multi-family property located at 1028 Banks Ave, Superior, WI 54880 is currently listed for sale with an asking price of $329,000. Banks Ave is located within the Superior school district. Search Superior real estate on www.starkhomes.com today.