Bought with Lake Breeze Realty
$185,000
$185,000
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2,750 SqFt
SOLD DATE : 07/10/2024
Key Details
Sold Price $185,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,750 sqft
Price per Sqft $67
Municipality MILWAUKEE
MLS Listing ID 1866602
Sold Date 07/10/24
Year Built 1907
Annual Tax Amount $4,991
Tax Year 2022
Lot Size 4,791 Sqft
Property Description
Incredible Investment! This property is a Cash Cow with many updates in 2024 including 2 new bathroom sinks, New Support Beams in Basement, New Kitchen Flooring, 2 New Water Heaters, and New Hand Dryer. Painted hallways and rooms! New Smart Locks on Main Entry Doors! Priced Below Assessed Value! The lower unit features 4 bedrooms, 1 bath, New hardwood flooring. The upper unit functions as a rooming house with 7 bedrooms and is brining in between $450 - $650 Per Room. Mar Rent was $4295 This Property has the potential to bring in $6,150 per month When fully occupied OR MORE if New Owner decides to Add Additional Rooms and Bathrooms on the 3rd level. Owners have done many updates and have a property manager who has gotten it almost fully occupied. Also listed as Multi-family Listing: 186661
Location
State WI
County Milwaukee
Zoning RES
Rooms
Basement Full
Exterior
Parking Features None
Utilities Available 2 Gas Meters
Building
Sewer Municipal Sewer, Municipal Water
Structure Type Partial-Aluminum,Partial-Vinyl
New Construction N
Schools
School District Milwaukee
Others
Special Listing Condition Arms Length
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