Address
1428 S Oakland Avenue GREEN BAY, WI
Price
$ 1,250,000
Property Attributes
  • ID#50248006
  • TypeMulti-Family
  • CountyBROWN
  • CityGREEN BAY
  • AreaBrown
  • Zip54304
  • StyleMultifamily (3+ Unit)
  • Year Built1972
  • Taxes$ 7933
  • Price$ 1,250,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5760
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
Weichert Realtors - Place Perfect
Data Source:
REALTORS® Association of Northeast Wisconsin (RANW)
Property Description

Rare open market opportunity. 12 units- 3 buildings that have been extensively updated and maintained to a high level. The value add opportunity here is to continue to grow rents on this current 7.2% Cap offering. Average rents at $738.75 as new leases have grabbed $800/month plus. This is a phenomenal complex and is differentiated by being two steps above the competition for rental units and in the condition to roll forward for years to come. On track to generate $110,000 in 2021. This rental property performs at a high level and has virtually no deferred maintenance!

General Features

Misc Building Common Laundry
Municipal Sub-Area Southwest Green Bay
Municipality City of Green Bay
School District Green Bay Area
Status Active-No Offer
Style/building Type 1 Story, Apartment Building
Tax Municipality Green Bay, City of
Total # Of Buildings 3
Water For Building Municipal Public Water
Zoning Commercial

Interior Features

# A/c Units 1
# Dryers 3
# Furnaces 3
# Ranges 12
# Refrigerators 12
# Washers 3
# Water Heaters 3
Heating Fuel Type-bldg Natural Gas
Heating/cooling-bldg Hot Water/Steam, Radiant
Lower Level Building Full
Sqft Fin Above Grade Est 5760
Sqft Total Fin Abv & Blw 5760
Total # Units 12

Exterior Features

Building Parking Outside
Exterior Main Bldg Vinyl
Foundation For Building Poured Concrete
Lot Description Near Bus Line, Sidewalk

Amenities

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

Property vs Multi-Family Average in 54304

Price
AVG $480K
$1.25M
Taxes
AVG $4,770
$7,933
Visits
AVG 11
13
Year Built
AVG 1969
1972

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