W220n9009 Town Line Rd, Lisbon

$1,599,000

0 Beds
0 Full Baths
0 Half Baths
0 Sqft
5.29 Acres

This tremendous Multi-Family property w/a great rental history & low vacancy, sits on 5.29 acres in the town of Lisbon. The property consists of 5 buildings (total 14 units) & 36 outside parking spaces. Unit layout includes; Living room, Kitchen, dining area, 2 BRs & 1 BA. Since 2020 seller has spent over $190K towards upgrading the property including; new roof on all buildings (2023), updated approximately 11 units w/ new cabinets, appliances, countertops, flooring, bathrooms, resurfaced parking lots, 1 new septic & many units w/ new water heaters, furnaces & windows. Property has potential for more development w/ 5.29 acres of land & rent increase. Tenants pays gas, electric & heat. The property is well located & minutes from shopping, entertainment & the freeway system.

Essential Information
MLS® #1860360
Price$1,599,000
Taxes$7,582
Acres5.29
Year Built1940
TypeMulti Family
StatusActive
Community Information
AddressW220n9009 Town Line Rd
CityLisbon
CountyWaukesha
StateWisconsin
Zip Code53051
Amenities
Parking Spaces36
ParkingOutdoor Space
Interior
# of Stories1
Exterior
ExteriorVinyl
School Information
DistrictHamilton
MiddleTempleton
HighHamilton
Additional Information
ZoningRM
Listing Details
Data SourceMetroMLS
Listed Courtesy of Shorewest Realtors, Inc.
Property History
Price Reduced from $1,649,000 to $1,599,000
Price Reduced from $1,699,000 to $1,649,000

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