605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 1 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 2 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 3 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 4 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 5 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 6 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 7 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 8 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 9 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 10 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 11 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 12 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 13 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 14 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 15 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 16 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 17 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 18 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 19 605 Michigan AVE, SOUTH MILWAUKEE WI 53172 Photo 20
Listing Courtesy of Re/Max Service First

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605 Michigan AVE - Incredible and rare 3-unit multi-family listing opportunity. This property has been carefully remodeled from top-to-bottom and commands great rental income. Located on a double lot, this property feat. most owner-owned appliances, newer mechanicals & new boiler (2015). Rooms sizes generous, KITs large. Updates incl. roof (~5 yrs old); siding (2015). Current rental income $1950/month cap rate 9.39% per owner. Estimated annual profit $15,700! Property has also been lead cleared for tenant/owner peace of mind. See add'tnl docs in MLS for details.

Listing information

  • MLS® ID: 1494064
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $3,467
  • School District: South Milwaukee
  • Style: Other
  • Stories: 0
  • Foreclosure: No
  • County: Milwaukee
  • Year Built: 1903
  • Parking Type Description: None 0 cars
  • Lot Area: 0.17
  • High School: South Milwaukee

Features

Acreage Less than 1/2
Acreage Range 0.0 to .499
Architecture Other
Basement Full
Estimated Age Range 21+ Years
Exterior Vinyl
Heat Fuel Natural Gas
Other Tax Year - 2015, Units in Building - 3, Zoning - Res
Parking Extra Space Available, Inside Parking, Outdoor Space, Outside
Roofing Composition/Fiberglass
Water Front N
Water Waste Municipal Sewer, Municipal Water
Listing Courtesy of Re/Max Service First