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Updated almost 8 years ago,
$25K!!! Fully Rented Milwaukee Duplex, 16% Cap Rate, $1300/month
Jumbo Victorian 3/3 duplex on Milwaukee's North Side. Close to schools, public transportation and Boys & Girls Club! Lower unit: 3 bedrooms, living and dining room, 1 bath, pantry in the kitchen. Currently rented MTM at $650. Water heater and furnace are less than 5 years old, no known repairs currently needed. Upper unit: 3 bedrooms, living and dining room, 1 bath, pantry in the kitchen, front and back top porches. Currently rented MTM at $650. Water heater was replaced in 2014. Updated kitchens and baths in both units. New carpet in upper unit. Off-street parking via side drive. Electrical was upgraded in 2012. Newer lower front porch and security doors. Property needs replacement/removal of front and rear upper porches. Any other items are cosmetic.
CASH BUYERS ONLY!
Please PM for details and pictures.
Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. This property is owned by a real estate agent.