For sale· 1 day on market

2632 2nd

Milwaukee, WI, 53212·MLS# 1979534

$230,000

Estimated $1,507/mo estimated

0
Bathrooms
6,206
Sq ft
0.27 ac
Lot size
1904
Year built
$37
Per sq ft
  • New listing
  • 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
$37

Estimate your monthly payment

$46,000

$1,507/ month estimated

  • Principal & interest$1,200
  • Property tax$211
  • Insurance$96

Illustrative estimate — not a lending offer.

Location

Milwaukee, WI

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.

$230,000

0 ba · 6,206 sqft