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This Riverwest triplex is the definition of a turnkey opportunity. Whether you are looking to live affordably while building equity, or wanting to invest in real estate for cash flow and diversification, the heavy lifting has been done, and all you have to do is take over. Third floor 3BR unit would be perfect as an ''owner's suite'' and has been completely gutted to the studs and remodeled, featuring in-unit laundry, a brand new kitchen with SS appliances, as well as new plumbing and electrical. Both first and second floor units feature large kitchens and natural woodwork throughout. Second floor unit bathroom has been completely remodeled. For investors looking for their next purchase, the current monthly rents total $4345.00 and this property is being offered at an 8% cap rate.
LAST UPDATED | 6/26/2023 | YEAR BUILT | 1913 |
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COUNTY | Milwaukee | STATUS | Sold |
PROPERTY TYPE(S) | Multi Family |
School District | Milwaukee |
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PRICE HISTORY | |
Prior to May 25, '23 | $450,000 |
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May 25, '23 - Today | $425,000 |
ADDITIONAL DETAILS | |
AIR | Forced Air, Natural Gas |
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BASEMENT | Block, Full, Yes |
CONSTRUCTION | Partial-Wood, Vinyl |
INTERIOR | 3 or More Bedrooms, Dishwasher, Range/Oven, Refrigerator; UNIT 2: 1 Bath, Refrigerator; UNIT 3: 1 Bath, UNIT 1: 1 Bath, Washer/Dryer |
LOT | 3485 sq ft |
PARKING | Near Public Transit |
SEWER | Municipal Sewer,Sewer |
STORIES | 1-2 Stories |
STYLE | Multi Family Duplex + |
TAXES | 4961.87 |
WATER | Municipal Water |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with RE/MAX Service First

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