605 Michigan AVE, South Milwaukee WI 53172-2724 Sold for $165,000 on 12/16/2016

605 Michigan AVE, South Milwaukee 3 Units $169,900 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 3
  • Est. Year Built: 1903
  • School District: South Milwaukee
  • High School: South Milwaukee
  • County: Milwaukee
  • Postal Municipality: South Milwaukee
  • MLS#: 1494064
  • Listing Company: Re/Max Service First Llc

605 Michigan AVE South Milwaukee WI 53172-2724 - Incredible and rare 3-unit multi-family listing opportunity. This property has been carefully remodeled from top-to-bottom and commands great rental income. Located on a double lot, this property feat. most owner-owned appliances, newer mechanicals & new boiler (2015). Rooms sizes generous, KITs large. Updates incl. roof (~5 yrs old); siding (2015). Current rental income $1950/month cap rate 9.39% per owner. Estimated annual profit $15,700! Property has also been lead cleared for tenant/owner peace of mind. See add'tnl docs in MLS for details.

Additional Features
  • Full
  • Heating/Cooling: Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Other
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1494064 Sold Active Dec 19 2016 3:04PM $165,000 47
1494064 Active ActiveWO Dec 9 2016 12:10PM 47
1494064 ActiveWO Active Nov 28 2016 7:02PM 47
1494064 Active Expired Nov 27 2016 10:20PM 47
1494064 Expired ActiveWO Nov 23 2016 12:15AM 47
1494064 ActiveWO Active Oct 10 2016 5:36PM 47
1494064 Active Expired Oct 2 2016 2:56PM 47
1494064 Expired Active Sep 24 2016 12:15AM 47
1494064 Sep 20 2016 3:13PM $169,900 $174,900 47
1494064 Active Aug 26 2016 9:32AM $174,900 47

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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