2632 N 2nd St, Milwaukee, WI 53212
2632 N 2nd St, Milwaukee, WI 53212
2632 N 2nd St, Milwaukee, WI 53212
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Forward Realty Partners

Forward Realty Partners

+1(262) 684-1411
Listed by Christopher Michala Standard Real Estate Services, LLC
$230,000
Est. payment /mo
6,206 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,206 sqft

Price per Sqft $37

MLS Listing ID 1979534

Year Built 1904

Acres 0.27

Property Sub-Type Multi-Family

Property Description

Cash-flowing 3-unit investment opportunity in Milwaukee's Harambee neighborhood! This spacious 4,324 sq. ft. multifamily property offers 7 bedrooms and 3 bathrooms across three units and is being sold with tenants already in place. All three units are currently rented, generating a combined $2,585/month, or $31,020/year in gross scheduled rental income. The property is already producing rental income and offers investors the opportunity to acquire an income-producing asset with immediate cash flow and potential for future value-add improvements. The property features a classic Milwaukee multifamily layout with generously sized living spaces, abundant natural light, original character and woodwork, and a large lot with mature trees. Interior finishes are functional.

Location

State WI

County Milwaukee

Zoning RT4

Direction From I-43 N/S: Take Exit 74 for Locust St. Head east on E Locust St, then turn left (north) onto N 2nd St. Continue to 2632 N 2nd St. Property is on the right.

Rooms

Basement Full

Interior

Inclusions All fixtures and items permanently attached to the Property, including existing appliances, mechanical systems, light fixtures, ceiling fans, window treatments, and other fixtures currently installed at the Property, unless otherwise excluded in the purchase agreement.

Exterior

Parking Features Outdoor Space

Exclusions Excludes seller's personal property and all tenant-owned personal property and belongings.

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick

Schools

School District Milwaukee

Others

Tax ID 3220105100

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Forward Realty Partners

Forward Realty Partners

+1(262) 684-1411

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