1901 E Newberry Blvd 1903 Milwaukee WI 53211-3657 $450,000

Property Description

1901 E Newberry Blvd 1903 Milwaukee WI 53211-3657 - Currently used as a three family on the east side! 3rd floor does have two exits/entrances. Located on the prestigious Newberry Blvd, it's a great location to Oak/Loc businesses, easy walk to UWM, Lake Michigan, bus routes on Oakland and Downer ave are nearby as well! Huge Victorian home that has the old world charm you'd expect in the first floor, while it's more modern on the 3rd floor! Easy to rent out, or enjoy living there and have other people pay your mortgage! CAP RATE OF 7.5! 10% Cash-on-Cash return even with $32,000 of inprovements!! (2nd floor could use a new bath and kitchen...this budget leaves you room for other improvements if one wanted to!) Ask to see this home and for the investment package. Clean engineering report! Ready to make $$$??? DON'T MISS THE 3D TOUR AND BE WOW'

Multi-Family
Status: Sold
Total Number of Units: 3
Unit Type 1 # of Units: 1
Unit Type 1 Avg Rent: $1,500
Unit Type 2 # of Units: 1
Unit Type 2 Avg Rent: $1,400
Unit Type 3 # of Units: 1
Unit Type 3 Avg Rent: $1,300
Outside Parking: 4
Est. Square Footage: 4,098
Est. Year Built: 1899
School District: Milwaukee
County: Milwaukee
Postal Municipality: Milwaukee
MLS#: 1772131
Listing Company: Century 21 Affiliated-Wauwatosa
Price/SqFt: $109
Zip Code: null

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