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Listed by William Backes • Compass RE WI-Tosa
$ 600,000
Est. payment | /mo
0.45 Acres Lot
$ 600,000
Est. payment | /mo
0.45 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1977935
Year Built 1897
Annual Tax Amount $11,812
Tax Year 2025
Contingent With Offer
Lot Size 0.450 Acres
Acres 0.45
Property Description
One package, two buildings, six units in the heart of West Allis: a 4-family plus a duplex, fully occupied with $67,080 in scheduled annual rents and leases in place into 2027. Rents average just $932/unit with clear room to grow at each renewal. 2025 operating statements reflect a ~$25K one-time exterior renovation of the duplex - that reinvestment is done and the buildings show it. Steady tenant base, professional management in place, and the adjacent 22-space parking lot is separately available for buyers who want to control the whole corner. Six doors at under $100K each with documented income. Financials, rent roll, and leases on file. Do not disturb tenants; showings by appointment.
Location
State WI
County Milwaukee
Zoning RES
Rooms
Basement Full, Laundry Facilities
Interior
Heating Forced Air, Indiv. Heating Units, Natural Gas
Cooling Forced Air, Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding, Vinyl, Wood
Parking Features Near Public Transit, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District West Allis-West Milwaukee
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