3470 E Layton Ave
Cudahy, WI 53110

Description

New investment property offering has been owned by same family for over 60 years! The property is currently leased to a restaurant tenant Lala's Place. Restaurant tenant pays $3,200 per month and lease is through 3/1/20. Rental income is also generated from 4 garage stalls renting at $600-650 per year per stall. 13.5% CAP rate! .25 Acre City corner lot has potential for development. Capital improvements include new roof in May 2017 and new plumbing to grease trap in November 2017. Newer furnace.

Details

MLS#1600719
Sub-TypeResale
StatusActive
Year1901
Days On Site310

Features

SQ Feet2,036
Story(s)1
ZoningS2

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Area Information

StateWI
CountyMilwaukee
CityCudahy
Zip Code53110
AreaMilwaukee
Listing VS Median (in 53110)
Price:
$229,900
low | high
Med:
$185,000
69.530230535015% of Average
SqFt:
2,036
low | high
Med:
1,661
68.418467583497% of Average
$ / SqFt:
$113
low | high
Med:
$111
51.362763015828% of Average
On Site:
310
low | high
Med:
16
100% of Average
Listing Updated: 06/18/2019
MLS Number: 1600719
Listing Provided By:
Sarah R Floyd  of  MKE Realty Group LLC

Information is supplied by seller and other third parties and has not been verified.
-IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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