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Listed by Andrew Boisvert Shorewest Realtors - South Metro
$399,900
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1979807
Year Built 1927
Acres 0.17
Property Sub-Type Multi-Family
Property Description
Add a strong income-producing property to your portfolio with this well-maintained Milwaukee investment opportunity. The property currently generates approximately $5,145 per month in rental income, providing solid in-place cash flow from day one. The units have been mostly updated, offering an attractive opportunity for investors. Improvements throughout the property include newer flooring, updated cabinets, and updated kitchen and bathroom fixtures.Also some newer windows. Mechanicals are in good condition and 1 furnace replaced 2025. With over $61,000 in current annual gross rental income, updated units, recent mechanical improvements, and established tenants, this property offers investors an opportunity to acquire a stabilized rental asset with immediate income.
Location
State WI
County Milwaukee
Zoning LB2
Direction Use GPS
Rooms
Basement Full
Exterior
Parking Features Indoor Space, Outdoor Space
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Vinyl,Wood,Brick
Schools
School District Milwaukee
Others
Tax ID 3070602000
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Coltyn Bettis
Rural Property Specialist License ID: 84640-94
Rural Property Specialist License ID: 84640-94