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Johvon Holmes

johvonholmes@equitywi.com +1(414) 213-1278

Listed by William Backes Compass RE WI-Tosa

$ 425,000

Est. payment | -/mo

Save

$ 425,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1977547

Year Built 1885

Acres 0.31

Property Sub-Type Multi-Family

Property Description

One parcel, two buildings, five units: approx. $49,400 gross income with below-market rents and upside at turnover. Over $115,000 in documented capital improvements since 2019: three units remodeled (kitchens, baths, flooring, lighting), two high-efficiency furnaces, engineered foundation repair, relined sewer lateral, rebuilt garage structure, new precast exterior stairs. The heaviest investments are behind it; what remains is cosmetic. Hold as-is as a producing asset or add value on your timeline. Four-unit apartment building plus a detached 3BR bungalow: live in the house while four units pay the bills. Established tenants, off-street parking. Financials and improvement list available.

Location

State WI

County Milwaukee

Zoning RM1

Direction Hawley Rd over I-94 is closed for construction. Exit I-94 at Mitchell Blvd, S to W National Ave, W to S Hawley Rd, N to property.

Rooms

Basement Full

Interior

Inclusions (5) Refrigerators, (5) Ovens/Ranges, (1) Dishwasher

Exterior

Parking Features Near Public Transit, Outdoor Space

Exclusions Tenants Personal Property

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Aluminum Siding,Vinyl

Schools

School District Milwaukee

Others

Tax ID 4210501000

Nearby Locations

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Johvon Holmes

REALTOR® Lic# 59079-90

johvonholmes@equitywi.com

+1(414) 213-1278

500 W. Silver Spring Dr. Suite K200, Glendale, WI 53217, USA

618-620 S Hawley Rd Milwaukee, WI 53214

Johvon Holmes

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

618-620 S Hawley Rd