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Sold 2 months ago

$185,000

rooms 0 ba 3500 sqft

30th/Lisbon, Milwaukee, WI 53208

Commercial Multifamily

Current Rent **

N/A

Projected Rent **

$4,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

SELLER FINANCING-4-Unit (Mixed use) 3 Residential-1 Commercial

Investor Special mixed 4-unit Brick Multi-Family
Need full renovation. work needed on electrical, plumbing and roof.
May need to sister joist or add new floor joists-damage due to water.
Property has been vacant for around 6-8 months. Structurally in tact.

Seller financing offered on a 10-year term no interest at $700 per month.
Only offered with minimum down payment of $35K.
Put down As low at $25K. This will incur interest at 7-9%.

Commercial space formerly restaurant. Space is open.
Top floor residential units. Space ready for redesign.

This will make a great long term hold with excellent financing built in.
Take your time and complete this project stress free!!

Cash Flow/ Cash Flow/ Cash Flow!!!

Location:

30th/Lisbon, Milwaukee, WI 53208

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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.