944 N 37th St #946, Milwaukee, WI 53208

944 N 37th St #946, Milwaukee, WI 53208
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$320,000
Beds Baths Sq. Ft. Taxes Built
4 2.00 4,192 $2,645 1916
On the market: 104 days

Est. Monthly Payment:

$2,136($1,916 + $220 taxes*)

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4-unit income property in central Milwaukee! This updated multifamily generates $46,440 annual income (fully rented) with only $10,000 in expenses, producing an NOI of $36,440 and a pro-forma cap rate around 11.4. Three units are leased, and one is vacant, perfect for an owner-occupant or can be rented at top market rate. Each unit features modern kitchens, updated baths, new flooring, and upgraded mechanicals. Separate utilities, newer roof, off-street parking, and attic expansion potential. Minutes from Marquette and downtown, in a strong rental area seeing steady revitalization. Excellent opportunity for investors or house-hackers seeking cash flow and appreciation.
Listing courtesy of Ossie Kendrix, Kendrix Realtors