726 Minnesota AVENUE

South Milwaukee,WI 53172

$ 700000

- Bed

- Bath

3686 SqFt


Key Details

Property Type Multi-Family

Listing Status Accepted Offer

Purchase Type For Sale

Square Footage 3,686 sqft

Price per Sqft $189

MLS Listing ID 1891416

Year Built 1915

Annual Tax Amount $7,899

Tax Year 2023

Lot Size 9,147 Sqft

Acres 0.21

Property Description

FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.

Location

State WI

County Milwaukee

Zoning Commercial

Rooms

Basement Full,Laundry Facilities

Interior

Heating Electric

Inclusions 6 - refrigerators 6 - stoves 2 - coin op washers 2 - coin up dryers

Equipment Seller Owned: Dryer,Seller Owned: Washer,Seller Owned: Water Heater

Exterior

Exterior Feature Vinyl

Parking Features Indoor Space

Building

Dwelling Type Apartment Building

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

Middle Schools South Milwaukee

High Schools South Milwaukee

School District South Milwaukee

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