Skip to content
Classifieds

User Stats

2,922
Posts
1,207
Votes
Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
1,207
Votes |
2,922
Posts

SOLD!!!! 100% OCC/4-Fam/Rent $2.7K

Shawn Ackerman
Pro Member
  • Real Estate Entrepreneur
  • Mid West, East Coast
Posted Feb 17 2018, 12:47

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.

Please Email inquiry to [email protected].

Gross Rents - $2,720 per month - $775 upper front /Lower front $775  / Rear Lower  $535 / Rear Upper $635- All Long term tenants(Rents under market by $75-100 per unit.

Interior - 4500+ Sqft

Exterior: Vinyl Siding

Annual Taxes: $1,900

Property Value - $135K - $145K

Repairs - Under $4,500 in cosmetic work. All major systems functioning properly(Newer roof)

Trulia Green Area - minutes from downtown Milwaukee/Riverwest area

Notes: Solid addition to any portfolio. Solid 4 family in solid rental area close to downtown Milwaukee. 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!

Offering

Loading replies...