Bought with Homestead Realty, Inc
$127,658
$135,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
2,622 SqFt
SOLD DATE : 02/10/2025
Key Details
Sold Price $127,658
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $48
MLS Listing ID 1896093
Sold Date 02/10/25
Bedrooms 5
Full Baths 2
Year Built 1906
Annual Tax Amount $1,130
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 30x120
Property Description
This well-maintained duplex offers an excellent opportunity for investors seeking solid cash flow with minimal upkeep. The property features an updated lower unit and has recently undergone significant mechanical upgrades, including two new furnaces, a new water heater, and updated plumbing.Both units are fully occupied, providing immediate rental income. The lower unit is currently rented at $1,000 per month, while the upper unit, occupied by a long-term Section 8 tenant, generates $950 per month. With reliable tenants already in place and modernized systems, this property is a turnkey investment with built-in income.Whether you're a seasoned investor or just starting to grow your portfolio, this duplex offers steady cash flow and peace of mind with its recent improvem
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Brick, Full
Interior
Heating Forced Air, Natural Gas, One Furnace
Flooring No
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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