Description
Solid investment in the Saint Joseph neighborhood of Milwaukee. Currently 100% occupied with historically low vacancy. Owner pays common gas & electric, water & sewer. Tenants pay for heat, gas and electric. Converted from one central boiler to new individual furnaces in 2015 along with the new ductwork to with it. Low maintenance brick exterior with approximately 12 year old flat rubber roof. Leased coin-op laundry for additional income and storage in the basement. Invest in this property, raise the rents and enjoy your cash flow! Conservative projected rents of $815 for 2 Bedrooms, $725 for 1 Bedrooms. Possible alternative uses are adult care building or government programs for guaranteed income. Buyer to cooperate with Sellers 1031 exchange.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
Description
Solid investment in the Saint Joseph neighborhood of Milwaukee. Currently 100% occupied with historically low vacancy. Owner pays common gas & electric, water & sewer. Tenants pay for heat, gas and electric. Converted from one central boiler to new individual furnaces in 2015 along with the new ductwork to with it. Low maintenance brick exterior with approximately 12 year old flat rubber roof. Leased coin-op laundry for additional income and storage in the basement. Invest in this property, raise the rents and enjoy your cash flow! Conservative projected rents of $815 for 2 Bedrooms, $725 for 1 Bedrooms. Possible alternative uses are adult care building or government programs for guaranteed income. Buyer to cooperate with Sellers 1031 exchange.
© 2023 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Re/Max Leading Edge, The Fabiano Group. Data last updated: 2023-06-02T20:52:27.65.