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Listed by Berkshire Hathaway HomeServices Metro Realty-Racine
$199,950
Est. payment /mo
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Concordia
MLS Listing ID 1936402
Year Built 1901
Annual Tax Amount $6,695
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Description
BACK ON THE MARKET WITH A PRICE ADJUSTMENT! Historic brick triplex with strong rental income and value-add potential. Property includes two 2BR units renting for $1,200 and $1,150 plus an oversized studio at $800. All units have private entrances and are turnkey for immediate cash flow. Solid roof with no leaks and dry basement with no flooding. Basement has potential for laundry to generate extra income. With minor exterior updates, this property could align with the value of neighboring multi-families. Prime location just minutes from downtown and near public transportation in a high-demand rental area--ideal portfolio addition.
Location
State WI
County Milwaukee
Zoning RT2
Rooms
Basement Full
Interior
Heating Hot Water/Steam, Natural Gas
Cooling Hot Water/Steam, Natural Gas
Flooring No
Exterior
Exterior Feature Brick, Wood
Parking Features Indoor Space
Building
Dwelling Type Duplex +
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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