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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
|
View full details, photos, school info, and price history
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