Updated over 8 years ago on .
Off-market: 20 units (12 and 8 unit) for sale in Milwaukee
20 units (8 unit and 12 unit) for sale in Milwaukee.
$1M Asking Price ($50K/Door)
Properties are located in NW Milwaukee in B/C areas. Green on crime map trulia. Both are very solid buildings. I am the owner of these buildings and purchased both in 2016. I am looking to sell because I need liquidity for a business I am looking to purchase. I will be listing these on the MLS by the end of the week. Any questions please direct them to my email at [email protected]. Here is a breakdown of a few of the numbers.
Gross Rents: $149,700
Operating Expenses Total:
Taxes - $22,053
Insurance: $8,759
Water/Trash: $9,648
Electric/Gas (common area): $2,964
Repairs (includes rehab): $29,464 (Complete rehab 6 units/security system install - $17,000)