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Sold about 1 year ago

$42,500

5+ bd 2 ba 1788 sqft

2475 W Monroe St,, Milwaukee, WI 53206

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

$1,000

Projected Rent **

$1,300

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

2475 W Monroe St OFF-MARKET OPPORTUNITY

OFF-MARKET OPPORTUNITY
Milwaukee Single Family Available!
Wholesale Price $42,500
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2475 W Monroe St, Milwaukee, WI 53206
Milwaukee Buy & Hold or Fix & Flip!
5 Bedroom / 2 Full Bath
Sq Ft: 1,788
Lot Size: 3,600 Sq Ft
Built: 1900
Taxes: $648
-Property Needs Cosmetic Updates
-Currently Occupied on MtM Lease ~ $1,000/mo
-Tenant Pays Gas & Electric Utility
-Owner Pays Water Utility
-Appliances Belong to Tenant
-Tenant Responsible for Snow & Lawn Maintenance
-Potential Market Rent ~ $1,300/mo +/-
- Furnaces ~ 6 years old
- Water Heaters ~ 9 years old
- Roof ~ In Good Condition (Re-shingled in 2022)
- Parking ~ Parking Slab
$42,500
-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
(414) 404-5724
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Pictures and Videos (https://photos.app.goo.gl/81aMHH5XD11fPRwm8)

Location:

2475 W Monroe 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.