List Price: $175,000
Property Type: Two-Family
MLS Number: 1872193
County: Milwaukee
Taxes: $3,739.83
Tax Year: 2023
Basement: Full
Construction Materials: Wood,Brick
Inclusions: 2 refrigerator, 2 oven/stove, washer/dryer.
Heat: Solar,Forced Air
Tenant Pays: Heat,Gas
Description: Nothing in a decent area cash-flows anymore, you say?... Hold my beer. Beautiful Victorian style duplex circa 1880 with replacement windows & doors. 2 bed/1 bath updated units with gross rents over $2100 monthly. Separate meters & mechanicals for each with a single water meter. 2 car garage and a great block of Pierce in Milwaukee's famed Riverwest neighborhood. Both units are leased with room to grow rents, charge for parking, pass through water/sewer expense -- the value-adds are all there. Sold AS_IS/WHERE_IS -- The East foundation wall and entry will need to be repaired, Seller has a verbal bid for under 40K. Great deal if you have a trades connection to soften the expense.
Directions: North Avenue to Pierce, north to duplex.
Listing Courtesy of: RE/MAX Service First
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