245 E Summit Ave Wales, WI $ 1,350,000
245 E Summit Ave
$ 1,350,000
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245 E Summit Ave

Wales, WI, 53183
$ 1,350,000
Bedrooms8 Baths0.0 Sq 3,004

Monthly Estimate*

$ 8,973

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Multi-Family Home for sale in Wales, WI

for $1,350,000 with 8 bedrooms. This 3,004 square foot home was built in 1970 on a lot size of 2.6.

Stately 8-unit fully occupied apartment building offered to add to your investment portfolio or to start something new you have only dreamed of! All units offer 2 bds/1 bath, storage lockers and ample parking. 7 of 8 units fully renovated with LVP floors, SS appliances, granite countertops and in-unit laundry. Common areas updated and units are separately metered for heat. Upper units have balconies. Surface parking for 18 vehicles. Take Seller's draft plans to construct 14 townhomes on the property (then, totaling 22 units), create your own development project or enjoy an existing cash flowing property! So many options! Contact Village for further details on the development & approval process for Seller's draft plans or your own. Broker has not verified building/property dimensions.

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Multi-Family Contingent

Price

$ 1,350,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 12,664

Style

Apartment Building

Lot Size

2.6

Year Built

1970

Town/City

Wales

County/Region

Waukesha

MLS | Web ID

1874982

Features
Interior
Basement Block Full Laundry Facilities
Total Number of Units 8
Heating/Cooling Electric Wall/Sleeve Air
Stories 1-2 Stories
Type 1 Units 3.00
Type 2 Units 3.00
Type 3 Units 1.00
Type 4 Units 1.00
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Exterior
Exterior Brick
Flood Plan No
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General
Zoning R4
Year Built 1970
County Waukesha
Type Apartment Building
Property Type D
Municipality Village
Tax Year 2023
Contingent With Offer
Garage/Parking Outdoor Space
Directions On Hwy 18 (Summit Avenue) approximately 2 blocks east of Hwy 83 on the south side of the street.
City Wales
Taxes 12664.00
School District Kettle Moraine
Street Name Summit
Middle School Kettle Moraine
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* Excluded Features
List By
Port & Bay Real Estate Co. Llc

Broker

kebner@portandbayre.com

Email

Affordability Calculator

$10,028
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$1,055
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1167870 Elementary School
1168651 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2024$1,350,000 Listed Price

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245 E Summit Ave, Wales, WI, 53183 is a Multi-Family Home for sale at $1,350,000 with 3,004 sqft and a lot size of 2.6. 245 E Summit Ave has 8 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 53183 which is in Wales, WI