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For sale 3 days ago

$29,000

6+ bd 2 ba 0 sqft

1518 W Ring St, Milwaukee, WI 53206

Residential Duplex Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$2,100

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes

1518 W Ring - OFF-MARKET OPPORTUNITY Milwaukee Duplex Available!

OFF-MARKET OPPORTUNITY
Milwaukee Duplex Available!
Wholesale Price $29,000
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1518 W Ring St, Milwaukee, WI 53206

Milwaukee Rehab Duplex!

6 / 2 Duplex

Sq Ft: 2,016
Lot Size: 10,017 Sq Ft
Built: 1902
Taxes: $1,467

Lower Unit ~ 3 Bedroom / 1 Bath
Upper Unit ~ 3 Bedroom / 1 Bath

-Property Needs FULL Rehab
-Potential SFR Conversion
-Property is Vacant
-Utilities Currently Shut-Off
-Potential Market Rent ~ $2,100/mo +/-

- Furnaces ~ Need to be Replaced
- Water Heaters ~ Need to be Replaced
- Roof ~ Needs to be Replaced
- Parking ~ Large Parking Slab

$29,000

-We are looking to assign our contract on this property
-Property is being sold As-Is
-Cash Buyer or Hard Money/Private Money Preferred
-Buyer is responsible for all closing costs
-Earnest Money required within 48 hours of accepted offer
-Realtors/Brokers welcome ~ Bring us a buyer!

Please contact us with any questions or to discuss!

Contact:
Vincent - [email protected]
(414) 404-5724

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Click Here for Property Video & Photos (https://photos.app.goo.gl/7htbwhQMAytxSJE18)

Location:

1518 W Ring St, Milwaukee, WI 53206

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.