967 VELP AVE
GREEN BAY, WI 54303

  • $574,900.00
  • 4158 Square Feet
  • MLS # 50238719
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High Performing Multifamily Complex. 6 units consisting of Two-2 bedroom units and Four-1 bedroom units. This property has been updated to a high level (see update list) and is differentiated by offering a new unit feel and clean common areas. This fact coupled with the high efficiency nature of the property allows for landlord to pay utilities affordably and command high rent structure for premium margins. A niche property that finds a place in today’s market producing a 7.13% Cap Rate. This asset has seen major capital improvements and is evident in its performance and shape.

Directions

Velp Ave. East of Gray Street.

FEATURES

  • Muni.
  • City of Green Bay
  • # Units:
  • 6
  • Total Sq Ft:
  • 4158
  • Above Grade Sq Ft:
  • 4158
  • Taxes (2020):
  • $5,593.96
  • Est. Acreage:
  • 0.27 Acre
  • Age/Year Built:
  • 1973
  • Garage Size:
  • None
  • County:
  • Brown
  • Zoning:
  • Commercial

UNITS

AMENITIES

  • Exterior:
  • Brick
    Vinyl
  • Type:
  • Multifamily
  • Heating/Cooling:
  • Hot Water/Steam
  • Heating Fuel:
  • Natural Gas
  • Waste:
  • Municipal Sewer
  • Water:
  • Municipal Public Water
  • Waterfront:
  • No
  • Style:
  • 2 Story, 2 Up and Down, Apartment Building
Brown