Investment Overview

Marcus & Millichap is pleased to present 4040 South Kinnickinnic Avenue in the City of Saint Francis, Milwaukee County, Wisconsin. The property comprises a 0.675-acre parcel improved with a 20-unit apartment building. It was constructed in 1960 and contains 11,136 square feet (per assessor's records). It has a brick exterior with vinyl accenting and pitched roof with dimensional shingle covering (replaced in 2018 per owner). The building features aluminum fascia, soffits, gutters, and downspouts. The windows are newer, slide-by combination units. The apartment comprises all one-bedroom/one-bath units. A refrigerator and stove are provided to each unit.. The building has a full basement with mechanical room and chicken wire storage lockers. The mechanical room houses two gas-fired boilers (replaced in 2018) and 80 gallon gasfired water heater. The owner is responsible for common area electric, gas (heat and hot water), and the water/sewer expense. The tenants pay for their own electric. There are 22 striped parking spaces on asphalt paving. The property is walking distance to the city of Milwaukee's desirable Bay View Neighborhood.