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$264,900
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$5,794.28 |
1909 |
|
On the market:
6 days
|
View full details, photos, school info, and price history
Turnkey 3-unit multifamily in Milwaukee's south side featuring classic Lannon stone construction and strong cash flow potential. This fully occupied triplex offers three 2BR/1BA units totaling ~2,326 sq ft, plus a detached 3-car garage. Extensive 2023 renovations (~$112K) include LVP flooring, updated kitchens and baths, new lighting, fresh paint, and electric baseboard heat throughout. Tenants pay utilities, providing efficient operations. Current rents total $2,810/month with upside and flexible lease expirations for owner-occupants. Stabilized pro forma NOI ~$14K+. Convenient location near downtown, schools, and transit. Ideal for investors or house hackers seeking value-add and steady income. Perfectly located in the sought-after Mitchell Park neighborhood, just minutes from the HWY.
Listing courtesy of Aaron Gerakosov, Coldwell Banker Realty