Bought with Coldwell Banker Realty
$700,000
$700,000
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9,147 Sqft Lot
SOLD DATE : 01/15/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1891416
Sold Date 01/15/25
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
Cooling Electric
Flooring Unknown
Exterior
Exterior Feature Vinyl
Parking Features Indoor Space, Near Public Transit
Building
Water Municipal Sewer, Municipal Water
Schools
Middle Schools South Milwaukee
High Schools South Milwaukee
School District South Milwaukee
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