Cash Flow Duplex in Old North - 53209

Milwaukee County, Milwaukee, WI, 53209
Sold
Listed at: January 29th, 2022
Price
$68,000
ARV
$68,000
Sq. Footage
2016
Type
Attached
Parking
Assigned
Year build
0
Lot size
3615.00 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

This duplex is currently occupied by tenants on M-T-M lease. They have been there for 2 years and would likely prefer to stay - buyer's discretion. It is a 3/1 (upstairs) and 2/1 (downstairs) split level with $675 + $625 in rent. The kitchen and bathrooms were updated, the roof 2-3 years old, one of the furnaces was replaced 3 years ago, and new tile flooring was put in recently. 


STATS:

  • Bed/Bath: 3/1 + 2/1
  • Sqft: 2016
  • Lot Sqft: 3,615
  • Current Rents: $1300/mo. Gross


SOLD MLS DUPLEX COMPS:

  • 5417 N 40th St - (4/2, 1944sqft) - $136,000 - ARV 
  • 5049 N 37th St - (3/2, 2012sqft) - $62,000 - AS IS 


SOLD OFF MARKET DUPLEX COMPS:

  • 5470 N 37th St - (6/2, 2016sqft) - SOLD - $100,000 
  • 4948 N37th St - (4/2, 2016sqft) - SOLD - $106,500
  • 5801 N39th St - (5/2, 1,840sqft) - SOLD CASH - $72,400


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