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605 Michigan AVE,  South Milwaukee WI, 53172

Status: Active
MLS#: 1494064
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Last Updated: 12/8/2016 7:51 PM
Description for 605 Michigan AVE South Milwaukee, WI 53172
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.
Price
$169,900
Milwaukee
1494064
Active
Listing Information
Theatre
Property Type: Other
1903
City
City Sewer
Cable TV
3 Total
Neighborhood
School Information
District: South Milwaukee
SOUTH MILWAUKEE
Room Information
Interior Features
Gas
Gas Heat
Full
Exterior / Lot Features
4 Parking Spaces,
Composition
RES
Driving Directions
Home is located on Michigan Ave between 6th and 7th Avenues.
Financial Considerations
$3,467
2015
Listing Price History

South Milwaukee Real Estate

South Milwaukee is located in Wisconsin. South Milwaukee, Wisconsin 53172 has a population of 21,119.

The median household income in South Milwaukee, Wisconsin 53172 is $53,990. The median household income for the surrounding county is $43,599 compared to the national median of $53,046. The median age of people living in South Milwaukee 53172 is 39.4 years.

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Courtesy: RE/MAX Service First
IDX information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 MetroMLS - All Rights Reserved
Information is deemed reliable but is not guaranteed.

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