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Sold over 5 years ago

$45

8+ bd 5+ ba 3423 sqft

W HADLEY / N 22ND, MILWAUKEE, WI 53206

Residential Duplex Occupied

Current Rent **

$1,650

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Cynthia Wright

Unit 1 Details
  • Current Rent: $600
  • Bedroom: 2 bd
  • Bathroom: 3 ba
  • Square Footage: 1443 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,050
  • Bedroom: 6+ bd
  • Bathroom: 2 ba
  • Square Footage: 1980 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

TWO PROPERTY PKG/ GROSS RENT $1650/ 45K OBO

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 Cynthia at [email protected]  photo/Lease agreements available!!!Gross Rent - $1,650 per monthProperty -  W Hadley St 1443 sqft / N 22ND St 1980 sqftThings to know - W Hadley St is a duplex being Occ by single tenant @ $600/M Tenant pays all Utilities.  North 22ND ST currently Occ as a rooming house , 3 OF THE 6 UNITS Occ with the ability to boost rent to an ADDITIONAL $1,050 / MONTH AT FULL OCCUPANCY Extras -  Deal can be purchased with property management  , contractor, handyman, , property insurer, conventional lender etc... on day 1!!! Leverage my network for high success. Suggested strategy is buy then leverage with delay financing  and pull 70% of appraised value back out and still cash flow.  COCR around 50% once leveraged. W Hadley StN 22ND [email protected]

Location:

W HADLEY / N 22ND, MILWAUKEE, WI 53206

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.