Fantastic turn-key investment on Milwaukee's East Side! Just three blocks from North Ave and N Farwell Ave. Perfect for an investor or owner occupant looking for cash flow. This five-unit building features one three-bedroom, two-bathroom unit, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units, a yard and four-car, detached garage. The building is fully occupied with long-term tenants on one-year leases. Highlights include new roof (2015), new drain tile and sump pumps (2017), two new retaining walls (2017), and new copper plumbing in the basement (2019). Tenants pay a prorated share of water, gas, and electric. This property boasts a cap rate of 5.7% and an unbeatable location and rental history. Don't miss out!
|Number of Units: 5||Garage/Parking: Indoor Space|
|Subdivision:||Property Type: Apartment Building, Duplex +|
|Body of Water:||Waterfront/Access:|
|Est Year Built: 1890||Exterior: Aluminum|
|Heating/Cooling: Natural Gas||Lot Size:|
|Est Acreage: 0.2||School District: Milwaukee|
|High School:||Middle School:|
|Elementary School:||Taxes: $11,682|
|Tax Year: 2019||Zoning: RES|
|Sep 22 2020 10:39AM||Price Change||$779,000|
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