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Listed by Ryan Maurer Smart Asset Realty Inc
$ 135,000
Est. payment | /mo
$ 135,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Two Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1988255
Year Built 1914
Annual Tax Amount $1,242
Tax Year 2025
Acres 0.08
Property Sub-Type Two Family
Property Description
Welcome to this well-maintained two-family duplex in Milwaukee, Wisconsin! Offering approximately 1,952 square feet, this property features two spacious units, each with 2 bedrooms and 1 full bathroom. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an excellent opportunity to own a fully occupied duplex with established rental income. The lower unit currently rents for $825 per month, while the upper unit generates $950 per month, bringing in a combined $1,775 in monthly rental income, or $21,300 annually. This property may also be an attractive option for investors utilizing a DSCR (Debt Service Coverage Ratio) loan, with existing rental income that may help meet lender qualification requirements.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Full, Block
Exterior
Parking Features Parking Space, Alley Entrance
Garage Description None
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding,Wood
Schools
School District Milwaukee
Others
Tax ID 2840522000

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