Updated 8-Unit Apartment
For Sale
$1,299,000
3050 W Fardale Ave, Milwaukee, WI 53221
The property features renovated kitchens and bathrooms, upgraded electrical, and new heating equipment.
Property SizeContact for details
Days on Market19
Property Features for 3050 W Fardale Ave
General Information
Standard status
Active
Property subtype
Residential Income
Site & Location
Neighborhood
Southpoint
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$15,613
Amenities
intercom system
laundry room
Listing Agency:
Lannon Stone Realty LLC
Listed By:
Joseph Liban
(414) 339-4563
Source:
Exprealty
Added: Oct 16
Changed: Oct 26
Last Checked: Nov 3 at 12:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lannon Stone Realty LLC
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Investment Insights
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This 8-unit apartment property has renovated kitchens and bathrooms, along with new windows, flooring, carpet, paint, appliances, doors, trim, and an intercom system. Eight newer natural gas water heaters serve the apartments, with an additional electric unit for the shared laundry. Eight new Rheem natural gas furnaces provide heating. Copper and PEX supply lines and PVC drain lines were installed from the basement upward.
The full-block basement has steel support beams, an interior foundation drainage system, and two sump pumps. The front and rear entry doors are fire-rated. The roof dates to 2011, and the concrete parking lot to 2010, according to the seller.
The full-block basement has steel support beams, an interior foundation drainage system, and two sump pumps. The front and rear entry doors are fire-rated. The roof dates to 2011, and the concrete parking lot to 2010, according to the seller.
Key Highlights
- 8‑unit apartment property
- Renovated kitchens and bathrooms; new windows, flooring, appliances, doors, trim, and intercom
- Eight new Rheem natural gas furnaces and eight newer natural gas water heaters
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
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Business Placement
Demographics for 53221, WI
39,560
Population
17,126
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
4,396
Density / Sq Mi
$61,640
Median Household Income
$41,430
Median Earnings
$1,071
Median Rent
$205,500
Median Home Value
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The property features renovated kitchens and bathrooms, upgraded electrical, and new heating equipment.
Where is this apartment building located?
The property is located at 3050 W Fardale Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 8‑unit apartment property; Renovated kitchens and bathrooms; new windows, flooring, appliances, doors, trim, and intercom; Eight new Rheem natural gas furnaces and eight newer natural gas water heaters
