1233 Milwaukee Ave 1235
South Milwaukee, WI 53172

Description

Enjoy cash flow like few other investments will ever offer. 5 unit (two 3-bed apartments, one 1-bed apartment, two commercial storefronts) mixed use building with parking and one vacancy and low rent across the board. 2 car attached garage to rent or use for Landlord storage. SEE PRO FORMA IN ATTACHED DOCUMENTS FOR WHAT THIS PLACE CAN DO AT MARKET RENTS. Listed far below assessed value with numerous recent improvements (roof 2009, upper windows 2012, new boiler 2013). A little polish and this thing can print cash like nothing else out there. Current rent roll and pro forma attached.

Details

MLS#1647519
Sub-TypeResale
StatusActive
Year1940
Days On Site11

Features

SQ Feet3,000
Story(s)2
ZoningG2-Comm

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Area Information

StateWI
CountyMilwaukee
CitySouth Milwaukee
Zip Code53172
AreaMilwaukee
Listing VS Median (in 53172)
Price:
$159,000
low | high
Med:
$182,900
34.968553459119% of Average
SqFt:
3,000
low | high
Med:
1,088
100% of Average
$ / SqFt:
$53
low | high
Med:
$168
100% of Average
On Site:
11
low | high
Med:
32
34.375% of Average
Listing Updated: 07/21/2019
MLS Number: 1647519
Listing Provided By:
Jay D Schmidt  of  Keller Williams Realty-Milwaukee North Shore

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 that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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