Multifamily For Sale

$1,250,000

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1428 S OAKLAND AVENUE
Green Bay, WI 54304

  • – beds
  • – baths
  • 5,760 sqft
  • ~1/2 acre lot
  • $217 per sqft
  • 1972 build
  • on site

Rare open market opportunity. 12 units- 3 buildings that have been extensively updated and maintained to a high level. The value add opportunity here is to continue to grow rents on this current 7.2% Cap offering. Average rents at $738.75 as new leases have grabbed $800/month plus. This is a phenomenal complex and is differentiated by being two steps above the competition for rental units and in the condition to roll forward for years to come. On track to generate $110,000 in 2021. This rental property performs at a high level and has virtually no deferred maintenance!

Listing courtesy of WIREX_RANW / Weichert Realtors - Place Perfect

Last checked: Checking… • Last updated Sep 23, 2021 •

MLS# 50248006 —

Amenities & Taxes

The Building

Year Built:
1972
Architecture:
Other
Building Type:
1 Story, Apartment Building
Total SqFt:
5,760 Sqft
Exterior:
Vinyl
Basement:
Full, Poured Concrete

Location

Municipality:
GREEN BAY
Municipality Type:
City
Latitude:
44.502018
Longitude:
-88.037865
Street Name:
OAKLAND AVENUE

The Property

Property Type:
Multi-Family
Zoning:
Commercial
Lot Acreage:
0.41
Acreage Range:
0.0 to .499
Acreage:
< 1/2
Acres Source:
Assessor/Public Record
Water Front:
No

Listing Agent

Contact info:

Taxes

Tax Year:
2020
Total Taxes:
$7,933

Heating & Cooling

Heat Fuel:
Natural Gas
Heating Cooling:
Hot Water/Steam, Radiant

Utilities

Water Waste:
Municipal Water, Municipal Sewer

Schools

School District:
Green Bay Area

Parking

Parking:
Outside

Extra Units

Unit 1 Beds:
1
Unit 1 SqFt:
480 Sqft
Unit 2 Beds:
1
Unit 2 SqFt:
480 Sqft
Unit 2 Full Baths:
1
Unit 2 Master Bedroom Length:
12
Unit 2 Master Bedroom Width:
12
Unit 1 Full Baths:
1
Unit 2 Kitchen Length:
9
Unit 2 Kitchen Width:
7
Unit 2 Living Great Room Length:
16
Unit 2 Living Great Room Width:
12
Unit 3 Beds:
1
Unit 4 Beds:
1

Schools

Rating Details

Beaumont Elementary School

  • Public
  • K-5
  • 0.7 mi

Aldo Leopold Community School K 8

  • Public
  • K-8
  • 1.0 mi

Southwest High School

  • Public
  • 9-12
  • 3.2 mi

Lombardi Middle School

  • Public
  • 6-8
  • 3.7 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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Sale history

Date Event Source Price % Change
9/15/21
Listed / Active WIREX_RANW $1,250,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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