Upper Lower Duplex - Milwaukee - CASH FLOW - $1700/M

Milwaukee County, Milwaukee, WI, 53209
Sold
Listed at: February 20th, 2023
Price
$75,000
ARV
$124,000
Gross Margin
$49,000
Sq. Footage
2552
Type
Multifamily
Parking
Garage
Year build
1929
Lot size
0.08 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

This is an upper lower duplex apartment in Milwaukee with aluminum siding and a spacious 2-car garage which is an excellent investment opportunity.


This property can also easily be switched into a Single Family unit.


The Owner will be out - 1st week of March - Which will leave both Units Vacant and ready to Rent.


The Property is in Very good condition as you can see from the pictures and videos.



The roof of the main property and garage was replaced in 2008, and new leaf guards were installed in 2022 to keep the gutters clean and flowing efficiently. The main rooms and kitchen feature brand new luxury vinyl plank (LVP) flooring, while the bedrooms have 8 to 10-year-old carpeting, providing a comfortable and cozy atmosphere. The property also features a new water heater, ensuring reliable and efficient hot water for daily use.


Its location in a highly desirable area makes it a great opportunity for any investor looking to build a profitable real estate portfolio.


With some updates and care, this property can offer a steady return on investment for years to come. Don't miss out on this chance to invest in a duplex property with a great history, fantastic potential, and a unique opportunity to make it shine.


NUMBERS:

ARV $85,000-124,000



UNITS:

TOP 2 Bed / 1 Bath rents ~$850

BOTTOM 2 Bed / 1 Bath ~$850

Data provided by rentometer.com


Videos

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brendan R Piper

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