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.
Exterior / Lot Features
4 Parking Spaces,
Home is located on Michigan Ave between 6th and 7th Avenues.
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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