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Listed by Compass RE WI-Northshore
$220,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1943528
Year Built 1895
Annual Tax Amount $4,277
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
An extraordinary TRIPLE THREAT INVESTMENT awaits savvy investors or ambitious owner-occupants near downtown Milwaukee. This unique property sits on an oversized city lot and features three flexible residential units. The configuration includes a classic two-unit duplex (Units 1 & 2) alongside a separate, standalone single-family cottage (Unit 3). This property could offer robust, immediate cash flow, having rented at $2,665 per month, and holds significant value-add potential. Whether expanding your portfolio or looking to live for less by utilizing rental income, this property promises solid returns. The Cottage is rented through 7/31/2026, and the lower and upper duplex units are currently vacant, offering immediate flexibility.
Location
State WI
County Milwaukee
Zoning RT4 Residential
Rooms
Basement Full
Interior
Heating Central Air, Forced Air
Cooling Central Air, Forced Air
Flooring No
Exterior
Exterior Feature Vinyl
Parking Features Outdoor Space
Building
Dwelling Type Duplex +
Water Municipal Water
Schools
School District Milwaukee
Others
Special Listing Condition 1031 Exchange
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Coltyn Bettis
Rural Property Specialist | License ID: 84640-94
Rural Property Specialist License ID: 84640-94