3053 South 83rd Street

West Allis, WI 53219

$585,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Now is your chance to pick up the investment property you have been waiting for! This brick 4-family has been well cared for, and is centrally located and close to everything you and/or your tenants may need. This property is comprised of four (4) spacious 2-bedroom, 1-bathroom units, each with large living rooms and eat-in kitchens. Wrought iron trimmed balconies. Common areas and basement are immaculately maintained, with storage lockers, and a washer/dryer for each unit. Various improvements and...Now is your chance to pick up the investment property you have been waiting for! This brick 4-family has been well cared for, and is centrally located and close to everything you and/or your tenants may need. This property is comprised of four (4) spacious 2-bedroom, 1-bathroom units, each with large living rooms and eat-in kitchens. Wrought iron trimmed balconies. Common areas and basement are immaculately maintained, with storage lockers, and a washer/dryer for each unit. Various improvements and updates include most windows in lower level replaced in 2021, all 4 furnaces replaced since 2022, 2 new water heaters in 2023, and facia and soffit replaced in 2021. Rents are below market with room to grow. Opportunities for multifamily properties in this neighborhood don't come around often!
  1. Listed by Dennis J Elverman • Benefit Realty

Property Details for 3053 South 83rd Street

Zoning
Commercial
Municipal Code
West Allis

Location

Listing Courtesy of Benefit Realty
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LISTING UPDATED: 05/30/2024 11:10 AM

Property Details for 3053 South 83rd Street

StatusActive
MLS #1873468
Days on Market31
Taxes$7,525 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1960
CountyMilwaukee County

Location

Listing Courtesy of Benefit Realty
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Building Information for 3053 South 83rd Street

Building/Complex3053 S 83rd StFloor-Stories-Residences4Pet Policy-Year Built1960Building Size-

Payment Calculator

$3,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,193

Property Taxes

$627

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3053 South 83rd Street

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Milwaukee
  • Zip Code: 53219
  • Geo Lat: 42.988875
  • Geo Lon: -88.016658
  • Agent Remarks: Take W Oklahoma Ave to 83rd Street. North on 83rd Street to Building.
Taxes and HOA Information
  • Taxes: $7,524.77
  • Tax Year: 2023
School Information
  • School District: West Allis-West Milwaukee
Parking
  • Garage Parking: Near Public Transit, Outdoor Space
  • Parking Inside: 0.0
  • Parking Outside: 7.0
Property
Lot Information
  • Year Built Numeric: 1960
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.21
  • Type: Apartment Building
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum Trim, Brick
Interior Features
  • Basement Features: Full
  • Heating/Cooling: Forced Air, Indiv. Heating Units
Multi Family
Multi-Family Information
  • Total Units: 4
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 1.0
  • 1st Type Unit: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Disposal, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
  • Estimated SqFt #1: 751-1000
Unit 2
  • Unit Info: # Of Units Type #2: 1.0
  • 2nd Type Unit: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Dishwasher, Disposal, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
  • Estimated SqFt #2: 751-1000
Unit 3
  • Unit Info: # Of Units Type #3: 1.0
  • 3rd Type Unit: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Disposal, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
  • Estimated SqFt #3: 751-1000
Unit 4
  • Unit Info: # Of Units Type #4: 1.0
  • 4th Type Unit: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Disposal, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
  • Estimated SqFt #4: 751-1000

Property History for 3053 South 83rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3053 South 83rd Street

Taxable ValueLand$43,500Additions$222,800Total$266,300
Tax Record2022$7,462 ($622 / month)
Home Facts
Unfinished Basement SqFt2,128 SqFtLot Size9,104 SqFtStyleMiscellaneous CommercialCountyMILWAUKEEAPN516-0311-000

Schools near 3053 South 83rd Street

This home is within West Allis-West Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Mitchell Elementary School
PublicPK to 5

Frank Lloyd Wright Intermediate School
Public6 to 8

Central High School
Public9 to 12

Lincoln Intermediate School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3053 South 83rd Street is a multi-family home for sale in West Allis, WI 53219. This property was listed for sale on May 1, 2024 by Benefit Realty, it's currently listed at $585,000. It has been on the market for a total of 31 days and was last sold on November 14, 2005. This listing's school district is West Allis-West Milwaukee School District. Nearby schools include Mitchell Elementary School, Frank Lloyd Wright Intermediate School and Central High School. 3053 South 83rd Street is a 0-bed, 0-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Benefit Realty

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/30/2024 11:10 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved