Exceptional opportunity to acquire a fully renovated 5-unit apartment building in the heart of Bay View, one of Milwaukee's most desirable rental neighborhoods. The property features four renovated long-term apartments plus one furnished 2-bedroom unit currently operating as a successful Airbnb, offering flexibility for short-term, mid-term, or traditional long-term rental strategies. Current long term rents reach $1,850/month, with recent comparables supporting additional rental upside. Tenants pay gas and electric, with all units separately metered. Recent improvements include a new roof (2017), exhaust vents (2023), modernized interiors, updated kitchens, stainless steel appliances, and contemporary finishes throughout. Off-street parking and onsite laundry. Conveniently located near Kinnickinnic Avenue, South Shore Park, downtown Milwaukee, restaurants, shopping, and Lake Michigan. Contact listing agent for the Offering Memorandum and additional property information.
19 days
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1,298
|
45
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Zillow last checked:
Listing updated:
Listed by:
Max Fiascone,
Apartment Cash Flow, Inc.
Source: SCWMLS,MLS#: 2026966
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Natural Gas, Forced Air
Features
Basement: Full,Finished,Laundry facilities
Interior area
Total structure area: 3,550
Total interior livable area: 3,550 sqft
Property
Parking
Total spaces: 5
Parking features: Outside, Paved
Details: Outside
Lot
Size: 4,791 Square Feet
Details
Parcel number: 5001322000
Zoning: RT4
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Brick
Condition
Year built: 1913
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters, Separate gas meters, Sewer Included, Water Included
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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