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Property Details

605 Michigan Ave, South Milwaukee, WI 53172 [MLS #: 1494064] $169,900
Listing Courtesy Of: Re/Max Service First
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Property Information

Incredible and rare 3-unit multi-family listing opportunity. This property has been carefully remodeled from top-to-bottom and commands great rental income. Located on a double lot, this property feat. most owner-owned appliances, newer mechanicals & new boiler (2015). Rooms sizes generous, KITs large. Updates incl. roof (~5 yrs old); siding (2015). Current rental income $1950/month cap rate 9.39% per owner. Estimated annual profit $15,700! Property has also been lead cleared for tenant/owner peace of mind. See add'tnl docs in MLS for details.

General Information

Basic Details

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City of South Milwaukee
Milwaukee
53172
1494064
Multi-Family
RES
Extra Space Avail., Outdoor Space
ActiveWO

Lot Information

0.17

Additional Features

Vinyl
Natural Gas
Full
Municipal Sewer, Municipal Water

School Information

South Milwaukee

Tax Information

$3,466
2015
7710374

Directions

Home is located on Michigan Ave between 6th and 7th Avenues.

Map

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Listing Courtesy Of: Re/Max Service First