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Listed by Christopher Michala • Standard Real Estate Services, LLC
$ 215,000
Est. payment | /mo
0.27 Acres Lot
$ 215,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1979534
Year Built 1904
Annual Tax Amount $5,331
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Property Description
Cash-flowing 3-unit investment opportunity in Milwaukee's Harambee neighborhood! This spacious 4,324 sq. ft. multifamily property offers 7 bedrooms and 3 bathrooms across three units and is being sold with tenants already in place. All three units are currently rented, generating a combined $2,585/month, or $31,020/year in gross scheduled rental income. The property is already producing rental income and offers investors the opportunity to acquire an income-producing asset with immediate cash flow and potential for future value-add improvements. The property features a classic Milwaukee multifamily layout with generously sized living spaces, abundant natural light, original character and woodwork, and a large lot with mature trees. Interior finishes are functional.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Parking Features Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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