1428 S OAKLAND AVE
GREEN BAY, WI 54304

  • $1,250,000.00
  • 5760 Square Feet
  • MLS # 50248006
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Listed by: Weichert Realtors - Place Perfect


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!

Directions

From S Ashland Ave, Turn West on 9th St, take the first left onto S Oakland. Property is on the right side.

FEATURES

  • Muni.
  • City of Green Bay
  • # Units:
  • 12
  • Total Sq Ft:
  • 5760
  • Above Grade Sq Ft:
  • 5760
  • Taxes (2020):
  • $7,933.00
  • Est. Acreage:
  • 0.41 Acre
  • Age/Year Built:
  • 1972
  • Garage Size:
  • 1 Space
  • County:
  • Brown
  • Zoning:
  • Commercial

UNITS

AMENITIES

  • Exterior:
  • Vinyl
  • Misc. Interior:
  • Common Laundry
  • Type:
  • Multifamily
  • Heating/Cooling:
  • Hot Water/Steam, Radiant
  • Heating Fuel:
  • Natural Gas
  • Waste:
  • Municipal Sewer
  • Water:
  • Municipal Public Water
  • Waterfront:
  • No
  • Style:
  • 1 Story, Apartment Building
Brown