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34 photos
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$540,000
Est. payment /mo
5,452 SqFt
UPDATED:
12/09/2024 06:53 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,452 sqft
Price per Sqft $99
MLS Listing ID 1892944
Year Built 1900
Annual Tax Amount $7,490
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
Welcome to this well-maintained all-brick building featuring six units - four spacious two-bedroom apartments and two generous three-bedroom units, With a total monthly rental income of $5.650, this property boasts a stable investment profile, as three of the long-term tenants receive rent assistance, ensuring reliable cash flow. The building has been thoughtfully updated, with two furnaces replaced just three years ago and another upgraded 12 years ago. Additionally, four water heaters have been replaced within the last three years, minimizing maintenance concerns and enhancing efficiency. This investment opportunity combines solid income potential with a strong tenant base. don't miss out on this exceptional property!
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement Block, Full, Laundry Facilities
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions none
Exterior
Exterior Feature Brick/Stone, Brick, Partial-Wood
Building
Dwelling Type Apartment Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
Elementary Schools Bruce
School District Milwaukee
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