For sale· 37 days on market

2632 2nd St

Milwaukee, WI, 53212·MLS# 1979534·Courtesy of Standard Real Estate Services, LLC

$215,000

Estimated $1,408/mo estimated

1 of 29 photos
0
Bathrooms
6,206
Sq ft
0.27 ac
Lot size
1904
Year built
$35
Per sq ft
  • Residential Income
  • Built 1904

About this home

Cash-flowing 3-unit investment opportunity in Milwaukee's Harambee neighborhood! This spacious 4,324 sq. ft. multifamily property offers 7 bedrooms and 3 bathrooms across three units and is being sold with tenants already in place. All three units are currently rented, generating a combined $2,585/month, or $31,020/year in gross scheduled rental income. The property is already producing rental income and offers investors the opportunity to acquire an income-producing asset with immediate cash flow and potential for future value-add improvements. The property features a classic Milwaukee multifamily layout with generously sized living spaces, abundant natural light, original character and woodwork, and a large lot with mature trees. Interior finishes are functional.

Facts & features

Interior

Bathrooms
0 full
Living area
6,206 sqft

Property

Type
Residential Income
Year built
1904
Lot size
0.27 acres

Financial

Price / sqft
$35

Estimate your monthly payment

$43,000

$1,408/ month estimated

  • Principal & interest$1,121
  • Property tax$197
  • Insurance$90

Illustrative estimate — not a lending offer.

Investor tools

See flip, rental and BRRR numbers for this home.

Location

Milwaukee, WI

Around Harambee

Map of the Harambee outline with this home and nearby schools marked.

Schools near this home

3 nearby
  1. Milwaukee College Preparatory School: Lola Rowe North CampusGrades Pre-K to 8 · Charter
    Rating: 1 of 51.0 mi
  2. Milwaukee College Preparatory School -- Lloyd StreetGrades Pre-K to 8 · Charter
    Rating: 1 of 51.0 mi
  3. Alliance School of MilwaukeeGrades 9 to 12 · Charter
    Rating: 0 of 51.0 mi

Attendance zones aren't guaranteed. Verify with the school district.

Homes for sale in Harambee

As of Nov 2
Homes for sale
57
Middle ask
$149,000
New this week
4
Average days listed
40

These numbers use homes for sale only.

Neighborhood boundaries and school data: LiveBy

Similar homes nearby

Courtesy of Standard Real Estate Services, LLC

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Listing data courtesy of Standard Real Estate Services, LLC. My request routes to reThought Real Estate in DashBrew CRM.

$215,000

6,206 sqft

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