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Listing Courtesy Of:

Listing Office: Hanson & Co. Real Estate

Listing Office Phone: (262) 353-1800

8633 N Granville Rd, Unit 8635 Milwaukee, WI 53224

$580,000
Active / MLS# 1984975 / Multi Unit - Multiple / Milwaukee
0 Beds

$580,000. Unique turn-key opportunity for the savvy investor to own this 5-unit multi-family property in Granville Station. Stable positive cash flow with four 2BDRM/1BA units & one 3BDRM/1.5BA Townhouse unit--ideal for an owner-occupant! MTM leases add flexibility for new ownership. Updated appliances included in each unit & coin-operated common laundry in basement. 10 space parking lot for tenant convenience add to lease appeal. $5,475 in monthly leases & low maintenance requirements yields $2,908 of positive monthly cash flow with room to grow. Recent building updates include: New Furnace, 2 New Water Heaters, Exterior Smart Lighting & Smart Heat Tape, Security Cameras & Master Lock System. Recent unit updates include: LVP Floors, Paint, Light Fixtures & bathroom updates.

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Estimated Payment

$ 2,521.41 per month $1,492.41 Principal & Interest $859.83 Property Tax $169.17 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Block, Full, Laundry Facilities
Home Style: Apartment Building, Townhouse
Lot Size: 0.30 Acres
Taxes: $10,318
Year Built: 1973

Feature Descriptions

Data Source: Metro MLS
Exterior: Aluminum Siding, Brick, Low Maintenance Trim
Flood Plain: Unknown
Garage/Parking: Near Public Transit, Outdoor Space
Heating/Cooling: Forced Air, Indiv. Heating Units, Natural Gas, Other, Wall/Sleeve Air
Parking Spaces: 10.00
Unit 1 Type: 1 Bath,1/2 Bath,3 or More Bedrooms, Air Conditioning, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
Unit 2 Type: 1 Bath,2 Bedrooms, Air Conditioning, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
Unit 3 Type: 1 Bath,2 Bedrooms, Air Conditioning, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
Unit 4 Type: 1 Bath,2 Bedrooms, Air Conditioning, Cable TV Available, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
Units: 5
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: RM1: Multi Fam

Schools

School District: Milwaukee

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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