Great opportunity for excellent cash flow. 18 unit multi-family. Solid brick building with many updates throughout recent years; water heater, plumbing and electrical upgrades, common area carpet, and electric base board heat. All 18 units are studio apartments. Can provide good income when fully occupied. Also included is vacant lot adjoining just west of the property (address: 2732, tax key: 40109870000). Right now there are only four units rented which grosses about $1980/mo ($495/unit). Financial info is based on potential estimates of full occupancy at $500/unit.
MLS# | 1653675 |
---|---|
Sub-Type | Resale |
Status | Active |
Year | 1928 |
Days On Site | 124 |
Units | 18 |
---|---|
Building(s) | 1 |
Area Information | |
---|---|
State | WI |
County | Milwaukee |
City | Milwaukee |
Zip Code | 53208 |
Area | Milwaukee |
Listing VS Median (in 53208) | |
Price: $435,000 low | high Med: $98,950 On Site: 124 low | high Med: 37.5 |