3069 N Sherman Boulevard, Milwaukee, WI 53210
- $399,900
- List Price
- $399,900
- Status
- ACTIVE
- MLS#
- METRO-1979807
- Style
- Apartment Building
- Year Built
- 1927
- Lot Size
- 7,405
- Acres
- 0.17
Property Description
Add a strong income-producing property to your portfolio with this well-maintained Milwaukee investment opportunity. The property currently generates approximately $5,145 per month in rental income, providing solid in-place cash flow from day one.The units have been mostly updated, offering an attractive opportunity for investors. Improvements throughout the property include newer flooring, updated cabinets, and updated kitchen and bathroom fixtures.Also some newer windows. Mechanicals are in good condition and 1 furnace replaced 2025. With over $61,000 in current annual gross rental income, updated units, recent mechanical improvements, and established tenants, this property offers investors an opportunity to acquire a stabilized rental asset with immediate income.
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Additional Information
- Taxes
- $6,782
- Property Description
- Apartment Building
- Appliances
- Seller Owned: Water Heater
- Exterior Features
- Brick/Stone, Brick, Vinyl, Wood
- Parking
- Outdoor Space, Inside Parking, Outside
- Garage
- Indoor Space
- School District
- Milwaukee
Courtesy of Shorewest Realtors - South Metro
PropertyInfo@shorewest.com
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