Apartment Building - Milwaukee, WI
Great location for this brick, fully-occupied Mixed Use investment building. It features 6 one-bedroom apartments, 2 retail storefronts, a 5-car garage, and a nice back yard. Well maintained with a modern boiler system and upgraded electric service. Gross rent is $57,192 per year. Priced to give you an 11.8 CAP. The DILHR Certificate is on file. NOTE: the City Tax Bill for this building is ridiculous because it is based on the assessed value of $324,000. If you buy this for $215,000 and appeal the value in April, you may save $2,900 in 2018 taxes!
Would you like more information regarding this property?
Please call (414) 961-8888.
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