Listing Courtesy of: Megan Wilson - RE/MAX Results
715-392-1111
$350,000
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1028 Banks Ave Superior, WI 54880
Multi-Family
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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 $4,055 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!
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Source MLS
Wisconsin Real Estate Exchange (WIREX)
Originating MLS
WIREX_SAAR
MLS#
WIREX_SAAR6122572
Property Type
Multi-Family
Year Built
1914
Lot Size
0.09
Stories
2.0
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