Bought with First Weber Inc -NPW
$842,500
$900,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
0.42 Acres Lot
SOLD DATE : 10/01/2025
Key Details
Sold Price $842,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1932674
Sold Date 10/01/25
Year Built 1978
Annual Tax Amount $13,743
Tax Year 2024
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions Private Garage.
Property Description
Investor Alert: Turnkey 8-Family with Strong Income!Oversized units, many with updated kitchens and baths, make this property easy to rent and manage. All-electric building includes 8 owner-supplied stoves and refrigerators, lowering costs and simplifying operations. Recent upgrades include $40K in new concrete and new siding on both 4-car garages, reducing future maintenance needs. The clean basement offers generous storage for tenants and owners, and the building was recently weatherized by LaCasa for added efficiency. Rents range from $1,000-$1,100/month with multiple long-term tenants in place, providing consistent cash flow. A low-maintenance, income-producing property that's priced to move. Ideal for investors seeking stability and upside!
Location
State WI
County Milwaukee
Zoning RM1 Multi-Fam
Rooms
Basement Full, Laundry Facilities
Interior
Heating Electric, Forced Air
Cooling Electric, Forced Air
Flooring No
Exterior
Exterior Feature Brick, Low Maintenance Trim
Parking Features Indoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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