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Listed by Anna M Cihla • SNSHN Realty LLC
$ 725,000
Est. payment | /mo
0.44 Acres Lot
$ 725,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1963372
Year Built 1961
Annual Tax Amount $14,244
Tax Year 2025
Contingent With Offer
Lot Size 0.440 Acres
Acres 0.44
Property Description
Well maintained 8 unit multifamily property with strong cash flow and upside potential. Current rents total $6,970/month, with tenants responsible for gas, electric, heat, and water, keeping operating expenses low. Major capital improvements include a new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024). One unit is vacant and ready for immediate occupancy, and market rents support a rent roll of $8,000+/month. Several units have been updated in the last few years with LVP flooring, refreshed kitchens, paint, and bathroom improvements. Additional on site coin operated laundry, storage units, and outdoor parking spaces provide convenience for tenants. Great opportunity to add to your portfolio.
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement Block, Full
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Parking Features Near Public Transit, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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