Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
Buyer responsible to do their own due diligence. Property sold as-is. $1000 non-refundable, IKRE,LLC is selling it's equitable interest in the property.
Gross Rents - $1,300 per month - $650 upper / $650 Lower - Both Long term tenants(Rents under market by $75-100 per unit.
Interior - 1900 Sqft
Exterior: Vinyl Siding
Annual Taxes: $1,900
Trulia Green Area - 8 minutes from downtown Milwaukee / 1 block from Brewer Hill neighborhood/5 minutes from Lakefront Brewery/E. Brady Street.
Notes: Solid addition to any portfolio. Solid 2 family in trendy area close to downtown Milwaukee. Great House hack when one unit becomes vacant. In a great rental area. Close to alot of new development including the new Bradley Center (Milwaukee Bucks Basketball). AIRBNB potential in the future if you wish. Long standing tenants with under market rents. Property is in solid condition with solid roof, mechanical, electrical and plumbing.
Extras: Deal can be purchased with property management(10% of gross rents collected - Negotiable), contractor, handyman, lender, property insurer etc... on day 1!!! Leverage my network for high success.
suggested strategy is buy cash/refi using one of our in-network lenders for the ability to scale your rental portfolio. Lender will delay finance at 70% of the appraised value not to exceed purchase price!
tons of development in the works around this property. Minites away from the New Bradley Center(Mikwaukee Bucks NBA). Minutes away from Brewer Hill and Downtown Milwaukee.
Hi @Tyler Smith and @Mike Krisik This deal is no longer available. Have either or bother of you invested in the Milwaukee market thus far? We have other deals in the market if your interested.
Hello @Shawn Ackerman! Thank you for the reply. Yes, I currently have a triplex on the east side but am really liking the Brewers Hill area recently. Please let me know what else you have in the area.
@Shawn Ackerman, yes I drove by that one. I am looking for something with more of the historic look in the area. Sorry to be so particular but there are some great houses in the area that I have my eyes on. Please keep me updated with ones you get.