Every unit has been completely redone. New kitchens, redone floors, new mechanicals along with new roof; plumbing and electrical redone as well. The units are solid money makers with pre-screened quality tenants. Turn key building. With 20% down and at 8.5% rate you can earn nearly a $1,000 per month.
Tenants pay own heat and electric
Cap rate is 12%. All figures include 5% vacancy rate ($2,280), taxes ($2,854), common area gas and electric ($217 per month), and a monthly maintenance reserve. Does not include insurance.
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Money Maker Multi Family
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Property Address: 330 W. Keefe Ave Milwaukee, WI 53212 |
Price: 229,000 Status: Active MLS: 1191394 |
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| Beds: 9 | Baths: 8 | Sqft: 7290 |
| Year Built: 1931 | Floors: 2 | Lot Size: 59X120 |
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Contact
Information |
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| Blue Water Real Estate Jon Brackett Bennett Ave Milwaukee, WI 53207 414.333.9269 Email Me |
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Sq. Ft. and lot size not verified by Broker |
