Professionally managed, fully rehabbed in 2019, and surrounded by residential homes, this quiet duplex makes for a great addition to the investment portfolio. A mechanics dream of a garage is detached in back and rented for additional revenue at $130/month, with a brand new commercial garage door in 2021. The sizeable lower unit has opportunity for rent growth, and has a stable long term tenant. Upper tenant is also long term. Both units benefit from outdoor liveable space with private decks/balconies to add to the appeal. Central air for the lower unit. Separate laundry for both. Tenants pay for water, split down the middle. Minimal operating costs, great rents, and a priced to sell number make this a must add!
Recently updated and always rented duplex available! Updates include kitchens, bathrooms, floors, and appliances. Upper 2 bedroom is rented for $1,365/month and Lower 1 bedroom is rented for $1,225/month offering a great cash flowing property to add to your portfolio or to get started investing in real estate! Also a great opportunity to live in a unit and have the other unit pay your mortgage payment!
FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.
The median home value in South Milwaukee, WI is $221,500. This is lower than the county median home value of $222,000. The national median home value is $338,100. The average price of homes sold in South Milwaukee, WI is $221,500. Approximately 58.94% of South Milwaukee homes are owned, compared to 35.28% rented, while 5.78% are vacant. South Milwaukee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Milwaukee real estate agent to arrange a tour today!
South Milwaukee, Wisconsin 53172 has a population of 20,785. South Milwaukee 53172 is more family-centric than the surrounding county with 25.94% of the households containing married families with children. The county average for households married with children is 25.25%.
The median household income in South Milwaukee, Wisconsin 53172 is $61,046. The median household income for the surrounding county is $54,793 compared to the national median of $69,021. The median age of people living in South Milwaukee 53172 is 41.1 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 35.6 inches per year, with 44.9 inches of snow per year.