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Listed by EXP Realty, LLC~MKE
$255,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1926998
Year Built 1909
Annual Tax Amount $4,218
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Investor's Dream! This fully updated 3-unit Lannon Stone bungalow with a rare 3-car detached garage is perfectly situated in the prime Mitchell Park area, just steps from the Domes, the Hank Aaron Trail, and vibrant local amenities. Units 1 and 2 currently rented for a combined $2,165 per month. The third unit is vacant, offering an ideal opportunity for an owner-occupant or rental income potential at $850+ per month. All units have been recently renovated with new electric heat, new windows, updated kitchens and bathrooms, and new flooring throughout. Tenants pay all utilities, maximizing the landlord's return. Units 1 and 2 measure 822 sq ft each, while Unit 3 is slightly smaller at 692 sq ft. With a potential gross rent exceeding $3,000 per month.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Full
Interior
Heating Electric
Cooling Electric
Flooring No
Exterior
Exterior Feature Stone
Parking Features Outdoor Space
Building
Dwelling Type Apartment Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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