24Units
$8,357Taxes
1920Build
$122,400Scheduled Income
Multi-FamilyProperty Type

Property Highlights

MLS: 1553379

Status: Sold

Parking: Outdoor Space

Sched Inc: 122400

Total Operating Exp: 48960

County: Milwaukee

For more information about this listing, contact Keefe at (262) 248-4492.

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24 Studio Units (two 12 unit brick buildings on one lot) features: New Roofs in 2012, New boilers in 2016, every unit has been updated in the last 5 years. Electric has been updated, windows have been replaced, these buildings are turn key and have been professionally managed for years. All appliances are included, outdoor parking for those with cars. Laundry in basement provided by coin appliances. Rents range from $399-$449. $499 is probably market.

Interior Features

Basement: Block, Full

Exterior Features

Exterior: Brick

Outside Parking Occupied: 10

Roofing: Rubber

Additional Information

# of Stories: 1-2 Stories

Code Compliant: Yes

Unit type #1: 24

Est Sq Ft #1: 750 or less

Gross Operating Inc.: $122,400

Heating/Cooling: Hot Water/Steam, Natural Gas

Outside Parking: 10

Net Operating Income: $73,440

Owner Pays: Electric/Public, Gas, Heat, Sewer, Water

School District: $Milwaukee

Security Deposit: $Y

Tenant Pays: Electricity

Water/Waste: Municipal Sewer, Municipal Water

Listing Company: Jason Scott Realty & Management, Llc

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Information is deemed reliable but is not guaranteed.

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For more information about this listing, contact Keefe at (262) 248-4492.

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Local Info

City Snapshot Milwaukee, WI

Average Days on Market
Multi-Family
54
3.84% since May 2018
Units sold
April 2018
480
+15.66% since March 2018
Median Sale Price
April 2018 - Multi-Family
133K
2.72% since March 2018
Percentage of Asking Price
April 2018 - Multi-Family
94%
-0.8% since March 2018
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