Cash Flowing Rental Property

Milwaukee County, Milwaukee, WI, 53218
Sold
Listed at: January 29th, 2022
Price
$88,000
ARV
$88,000
Sq. Footage
875
Type
Attached
Parking
Assigned
Year build
1955
Lot size
11407.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

This rental is occupied by a tenant with a lease expiring in February 2022. It's in solid rental condition with a recently updated bathroom, hardwood flooring, the roof is 11 years old, and it sits on a fairly large lot. The tenant is paying $1050/month and pays well on time. 


STATS:

  • Buy Now: $88K / $100.57ft
  • Bed/Bath: 3/1
  • Sqft: 875
  • Lot Sqft: 11,407
  • Built: 1955
  • Rent: $1050


SOLD MLS COMPS:

  • 7500 W Sheridan Ave - (3/1, 864sf) - $100,000 / $115.74ft - As Is 
  • 7429 W Sheridan Ave - (3/1, 864sf) - $115,000 / $133.10ft - Decent Shape
  • 5479 N Prentiss St - (3/1, 864sf) - $106,000 / $122.68ft - Decent Shape
  • 7335 W Thurston Ave (3/1, 970sqft) $98,900 / $101.95ft - Decent Shape
  • 7021 W Thurston Ct, (3/1, 912 sqft) - $75,000 / $82.23ft - AS IS (down to studs and needed lots of work)


1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money. 2. Buyers responsibility to do your own due diligence and verify all information. 3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated. 4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Maxime Stephenson

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Disposition manager