Green Bay, WI 54303,967 VELP AVENUE
Listed by Taylor Hansen • Weichert Realtors - Place Perfect
Bought with Non-Member Account • RANW Non-Member Account

$560,000

$574,900

2.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,158 SqFt


SOLD DATE : 06/15/2021

Key Details

Sold Price $560,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,158 sqft

Price per Sqft $134

MLS Listing ID 50238719

Sold Date 06/15/21

Year Built 1973

Annual Tax Amount $5,593

Tax Year 2020

Lot Size 0.270 Acres

Acres 0.27

Property Description

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.

Location

State WI

County Brown

Area Gb/Fv-Swest (Brown Cty Only)

Zoning Commercial

Rooms

Basement Full, Poured Concrete

Interior

Heating Natural Gas

Cooling Hot Water/Steam

Exterior

Exterior Feature Brick, Vinyl

Utilities Available Separate Electric Meters

Building

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

School District Green Bay Area

Others

Special Listing Condition Arms Length

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

GET MORE INFORMATION

Name
Phone*
Message