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Listed by Ippoliti Property Group* Shorewest Realtors - South Metro
$349,900
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1987799
Year Built 1902
Acres 0.26
Property Sub-Type Multi-Family
Property Description
Southside approved rooming house produces huge monthly cash flow (over $4500/month gross income!). Long time local owner (15+ years) has managed the building meticulously and is proud to pass the torch to the next owner. Large main floor apartment could be converted into a 2 bedroom unit for additional income (currently income ready as a 1 bedroom) and then 7 studio rooms with ovens/fridges and shared bathroom. Most units have been updated. 1 year old coin operated washer/dryer included for additional income. Parking slab accommodates tenant parking + storage units for each studio tenant, 7 year old boiler, 150 amp circuit panel, vinyl siding, and roof within seller's ownership. If you are looking for turnkey income on the southside of Milwaukee then look no further, call today!
Location
State WI
County Milwaukee
Zoning RT4
Direction National Ave to 19th St, South to property
Rooms
Basement Laundry Facilities, Brick, Full
Exterior
Parking Features Outdoor Space
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Vinyl
Schools
School District Milwaukee
Others
Tax ID 43312326000
Virtual Tour https://sewisc.movinghometour.com/1987799
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