W220N9009 Town Line Rd Menomonee Falls, WI $ 1,599,000
W220N9009 Town Line Rd
$ 1,599,000
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W220N9009 Town Line Rd

Menomonee Falls, WI, 53051
$ 1,599,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 11,169

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Multi-Family Home for sale in Menomonee Falls, WI

for $1,599,000 with 2 bedrooms and 1 full bath. This home was built in 1940 on a lot size of 5.29.

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.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,581

Style

Lot Size

5.29

Year Built

1940

Town/City

Menomonee Falls

County/Region

Waukesha

MLS | Web ID

1860360

Features
Interior
Basement Crawl Space
Total Number of Units 14
Heating/Cooling Forced Air Natural Gas
Stories 1-2 Stories
Type 1 Units 14.00
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Exterior
Exterior Vinyl
Flood Plan Unknown
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General
Zoning RM
Year Built 1940
County Waukesha
Type Other
Property Type D
Municipality Village
Tax Year 2023
Garage Features Outdoor Space
Directions County Line Rd. (Hwy Q) to Townline Rd South on Townline Rd (Approximately 3/4 mile) to W220N9009 Townline Rd. Property is located along the west side of the road.
High School Hamilton
City Lisbon
Taxes 7581.55
School District Hamilton
Street Name Town Line
Middle School Templeton
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* Excluded Features
List By
Shorewest Realtors, Inc.

Broker

bsefiddashti@shorewest.com

Email

Affordability Calculator

$11,801
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,169
Monthly Property Taxes
$632
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
1166661 Elementary School
1167892 Middle School
Hamilton High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$1,599,000 -3.03% Price Down
2/21/2024$1,649,000 -2.94% Price Down
1/9/2024$1,699,000 Listed Price

Map


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W220N9009 Town Line Rd, Menomonee Falls, WI, 53051 is a Multi-Family Home for sale at $1,599,000 with a lot size of 5.29. W220N9009 Town Line Rd has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 53051 which is in Menomonee Falls, WI