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Multi-Family

Year 1925

2183 SQ FT

0.11 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

South Milwaukee Home for Sale

$299,900

2309 12th Ave
South Milwaukee WI 53172

Listed by Berkshire Hathaway HomeServices Metro Realty-Racine

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Investors, take notice! This well-maintained 3-unit property with 7.8 Cap Rate offers established rental history with long-term tenants already in place. Tenants pay their own utilities and 3/4 of the water bill, helping keep owner expenses down. Recent improvements include newer plumbing, updated electrical, new front siding, and a solid roof. Additional amenities include a deep 3-car garage with an attached 10x15 workshop, security camera system, coin-operated washer and dryers, and private storage areas for each tenant. Looking to grow your investment portfolio? Here's your opportunity to own an established income-producing property with tenants in place. Make your move and schedule your private showing today!

Property Details

Listing Details

Price

$299,900

Year Built

1925

Levels

N/A

SQ FT

2183

Lot Size

0.11 ACRES

Tax Key

7709988000

TaxYear

N/A

Property Taxes

$N/A

Property Type

Multi-Family

Property Status

Active

MLS#

1988364

Inclusions

3 Stoves, 3 refrigerators, 2 A/C units, 1 coin operated washer, 2 coin operated dryers, 1 dehumidifier and Blink security system.

Exclusions

Sellers & tenants' personal property

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Vinyl

Parking Features

Near Public Transit, Indoor Space, Outdoor Space

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

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About South Milwaukee

South Milwaukee is an understated, thriving city in Milwaukee County. Recent initiatives have allowed South Milwaukee to reinvent itself and re-evaluate the goals of its citizens.

This initiative includes revitalizing the downtown area and emphasizing the beautiful natural lands available to residents and visitors alike. With a taste of a downtown lifestyle in the many restaurants and businesses, as well as the beautiful parks on the lake, South Milwaukee offers plenty of options for families, friends, and people young and old. Of course, other bonuses include the affordable housing options and the close proximity to downtown Milwaukee.

Community Population

20,785

Community Area

4.81 SQ/MILES

Community Suburb of

Milwaukee County

Community Lifestyle

Suburban

Nearby Schools

Elementary School

South Milwaukee

Middle Or JuniorSchool

South Milwaukee

HighSchool

South Milwaukee

School District

South Milwaukee

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Wisconsin's #1 Boutique Broker ™

Suzanne Powers

Suzanne Powers

FOUNDER | CEO

414.963.0000

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Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

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2309 12th Ave, South Milwaukee, WI 53172

$299,900

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