1950 N 20th St Milwaukee, WI $ 585,000
1950 N 20th St
$ 585,000
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1950 N 20th St

Milwaukee, WI, 53205
$ 585,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,790

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Multi-Family Home for sale in Milwaukee, WI

for $585,000. This home was built in 1926 on a lot size of 0.23 Acre(s).

Double digit Cap Rate! Fantastic 12 unit, tons of recent work including rehabbed 8 car garage, tuck pointing, French drain, new paint and flooring, many new radiators, many new appliances. Spacious 3 bedroom units renting at $795, owner has recently turned over building with fresh tenants, three more to fill. Market rents total $8615 with garage rents to be an additional $400 per month when filled. Owner willing to continue to manage for new buyer if desired. Cap rate of 12% based on pro forma income with 5% vacancy.

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Multi-Family Active

Price

$ 585,000

Property Type

Multi-Family

Taxes

$ 11,301

Style

Apartment Building

Lot Size

0.23 Acre(s)

Year Built

1926

Town/City

Milwaukee

County/Region

Milwaukee

MLS | Web ID

1698525

Features
Interior
Basement Partial Basement
Heating Source Natural Gas
Heating System Hot Water/Steam
Sewer Public Sewer
Water Source Public Water
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Exterior
Foundation Block
Parking 1-20 Covered Parking Spaces Indoor Parking
Roof Rubber Tile/Slate
Siding Brick
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* Excluded Features
List By
Riverwest Realty Milwaukee

Broker

Affordability Calculator

$3,731
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,790
Monthly Property Taxes
$942
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Milwaukee School District

Map


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1950 N 20th St , Milwaukee, WI, 53205 is a Multi-Family Home for sale at $585,000 with a lot size of 0.23 Acre(s). 1950 N 20th St has 0.0 baths and was built in 1926. The property's zip code is 53205 which is in Milwaukee, WI