4-unit income property in central Milwaukee! This updated multifamily generates $46,440 annual income (fully rented) with only $10,000 in expenses, producing an NOI of $36,440 and a pro-forma cap rate around 11.4. Three units are leased, and one is vacant, perfect for an owner-occupant or can be rented at top market rate. Each unit features modern kitchens, updated baths, new flooring, and upgraded mechanicals. Separate utilities, newer roof, off-street parking, and attic expansion potential. Minutes from Marquette and downtown, in a strong rental area seeing steady revitalization. Excellent opportunity for investors or house-hackers seeking cash flow and appreciation.
Active
Price cut: $15K (11/5)
$320,000
944 North 37th STREET #946, Milwaukee, WI 53208
8beds
2,096sqft
Est.:
Multi Family, Duplex
Built in 1916
-- sqft lot
$321,700 Zestimate®
$153/sqft
$-- HOA
What's special
- 100 days |
- 579 |
- 40 |
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