497 Park Ave Pewaukee WI 53072-3440 | $1,200,000

Multi-Family
Sold
MLS# 1789668
Total Number of Units: 3
Est. SqFt: 2,916

Room Dimensions

Main

  • Full Baths: 0

497 Park Ave Pewaukee WI 53072-3440 - Rare opportunity to own a multi family or your next single family home on Pewaukee Lake! This unique opportunity offers owner's home on the main level and 2 privately accessed apartments on the upper. The rents bring in $15,000 per year, can you say bonus? Suppose this is your second home your rental income can help cover if not pay for your annual property taxes. Don't want to share the lake house with others? There's always the option to turn it into a spacious single family home. The 60' of frontage offers great views and a flat yard on the southeast side of the lake. The owner's abode has 3 bedrooms, a large living room overlooking the lake with access to deck, kitchen with appliances, full bath on main and access to the basement. In the lower level with walkout door, you'll find a cute bar overlooking a window view of the lake, family room with fireplace and a second full bath, laundry plus good storage. The 2 upper rental units are mirror images of each other and include 1 bedroom overlooking the lake, living space, kitchen and bath. No laundry facilities on site for tenants. Detached 2.5 car garage for owner and 2 off street spots for tenants. Pier is included and 2 -boat lifts available for purchase. Own this home just in time for all the summer activities that lake living offers. See MLS# 1789626 for single family listing.

Features

  • Multi-Family
  • Status: null
  • Total Number of Units: 3
  • Unit Type 1 # of Units: 1
  • Unit Type 2 # of Units: 1
  • Unit Type 2 Avg Rent: $650
  • Unit Type 3 # of Units: 1
  • Unit Type 3 Avg Rent: $600
  • Inside Parking: 2
  • Outside Parking: 2
  • Est. Square Footage: 2,916
  • Est. Year Built: 1950
  • School District: Pewaukee
  • High School: Pewaukee
  • Body of Water: Pewaukee Lake
  • County: Waukesha
  • Postal Municipality: Pewaukee
  • MLS#: 1789668
  • Listing Company: Shorewest - Menomonee Falls-Germantown
  • Price/SqFt: $411
  • Zip Code: null

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity