726 Minnesota Ave Active Save Request In-Person Tour Request Virtual Tour
South Milwaukee,WI 53172
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1891416
Year Built 1915
Annual Tax Amount $7,899
Tax Year 2023
Lot Size 9,147 Sqft
Property Description
FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.
Location
State WI
County Milwaukee
Zoning Commercial
Interior
Heating Electric
Cooling Electric
Flooring Unknown
Exterior
Exterior Feature Vinyl
Garage Indoor Space,Near Public Transit
Building
Dwelling Type Apartment Building
Water Municipal Sewer,Municipal Water
Schools
Middle Schools South Milwaukee
High Schools South Milwaukee
School District South Milwaukee