Shorewood, WI 53211,2500 E Edgewood Ave Unit 2502
Shorewood, WI 53211,2500 E Edgewood Ave Unit 2502
Shorewood, WI 53211,2500 E Edgewood Ave Unit 2502
23
Listed by Keller Williams Realty-Milwaukee North Shore
Bought with Realty Executives Integrity~Brookfield
$350,000
$399,900
12.5%
Est.Price: ?

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5,227 Sqft Lot

2500 E Edgewood Ave Unit 2502 Shorewood, WI 53211

Est. payment /mo
SOLD DATE : 11/17/2021

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Key Details

Sold Price $350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Menlo Park

MLS Listing ID 1753368

Sold Date 11/17/21

Year Built 1900

Annual Tax Amount $7,702

Tax Year 2020

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.119

Property Description

This is a three family and being marketed as a two family and Multi Family. This Investment property has had a great rental history and this is the 1st time this home is available in over 50 years. The first floor has been used as a 3 bedroom but offers flexibility in the floor plan. The 2nd floor is 3 bedrooms and the 3rd is a 1 bedroom. Yearly Projected Gross income-$45,420-projected, Estimated expenses per seller $7802 for 2020 tax, $888 for heat (2nd & 3rd per WeEnergies), 2020 water sewer $1,251. Total estimated expenses per owner $9,941. Net projected yearly income before debt service- $32,239. Do the math based on your financing plan and you'll discover this investment offers a great return. Call for your appointment today!

Location

State WI

County Milwaukee

Zoning Residential

Rooms

Basement Block, Full

Interior

Heating Forced Air, Hot Water/Steam, Indiv. Heating Units, Natural Gas

Cooling Forced Air, Hot Water/Steam, Indiv. Heating Units, Natural Gas

Flooring No

Exterior

Exterior Feature Aluminum, Wood

Garage Extra Space Avail., Indoor Space, Near Public Transit, Outdoor Space

Roof Type Composition

Building

Water Municipal Sewer, Municipal Water

Schools

Elementary Schools Atwater

Middle Schools Shorewood

High Schools Shorewood

School District Shorewood

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