Milwaukee East Side 4 unit

[Brie Schmidt]

Four family on the east side of Milwaukee for sale!  This is part of a 1031  so there are time constraints.  Owner manages 250+ properties in the area and is willing to provide management for a 6% monthly fee.  Price is $355k and willing to consider a package price with 1916 W Warren

• No broker
• Outside of the back parking lot that should be paved, all of the units are done (including mechanicals, roof, siding, DNS, Weatherization, etc...)
• Note - While under construction we have been incrementally increasing rents as the prior who owned 30+ years never raised rents or fixed anything
• All rents are under market and going up
• Leases come due in summer
• Notable items completed in the last 12 months - Siding, Gutters, Window exteriors, exterior doors, front porch, 2 unit nearly complete guts, flooring, appliances, 2 new heating systems, poor prior tenants, etc...
• 2563 - 3 Bedroom - $1,050 (front building)
• 2563A - 3 Bedroom - $965 (front building)
• 2563B - 2 Bedroom - $745 (rear building)
• 2563C - 2 Bedroom - $875 (rear building)

PM me or email me at [email protected] for more information