Property Description for 1028 Banks Ave, Superior, WI 54880
Fully Leased 5-Plex In A Prime Superior Location! Situated On The Corner Of Banks Avenue And N 11th Street, This Solid, Well-Maintained Property Features Three 1-Bedroom Units And Two Studio Apartments. The Building Offers A Full Poured-Concrete Basement And Strong Rental History. Several Units Have Been Updated, With Opportunity To Add Value As Others Turn Over. Per The Seller, The Weil-Mclain Boiler And Heating Components Have Been Upgraded, And The Roof Has Been Recently Replaced. Currently Generating Approximately $3,935 Per Month In Rental Income With Average Monthly Expenses Of About $960 (utilities, Taxes, And Insurance) ? This Is A Great Opportunity For Steady Cash Flow And Continued Equity Growth!