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Additional details
Listed by RE/MAX Service First
$615,000
Est. payment /mo
5,452 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,452 sqft
Price per Sqft $112
Municipality MILWAUKEE
MLS Listing ID 1948013
Year Built 1900
Annual Tax Amount $9,615
Tax Year 2024
Lot Size 0.340 Acres
Property Description
Well-maintained all-brick six-unit building offering a strong investment opportunity. The property features four spacious 2-bedroom units and two generous 3-bedroom units, producing $5,975 in total monthly rental income. Three long-term tenants receive rent assistance, providing reliable and consistent cash flow. Major updates include three furnaces replaced within the last 3 years, one upgraded approximately 12 years ago, and four water heaters replaced within the last 3 years. The roof is approximately 14 years old, and all electrical services were upgraded from fuses to breakers in 2025. Additional highlights include 10 outdoor parking spaces and durable brick construction, making this a solid, low-maintenance income property.
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement Block, Full, Laundry Facilities
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions None
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
Structure Type Brick/Stone,Brick,Wood
New Construction N
Schools
School District Milwaukee
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