Courtesy of Hanson & Co. Real Estate, Katrina Hanson
8633 N Granville Rd, Milwaukee, Wisconsin, 53224
4,936 Sqft
0.30 Acres
#1984975
$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.
PROPERTY FEATURES
- Water Source : Public
- Sewer : Public Sewer
- Zoning Description : RM1: Multi Fam
- Construction Materials: Aluminum Siding, Brick
- Basement Description : Block, Full
- Basement on Property:
PROPERTY DETAILS
ID: 1984975
Status: Active
Price: $580,000
Acres: 0.30 Acres
Price Per Acre: $1,933,333
Type: Multi-family
Address: 8633 N Granville Rd
City, State: Milwaukee, Wisconsin
County: Milwaukee
Zip Code: 53224
Lat/Long: 43.174544, -88.042101
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