2450 N Cramer StMilwaukee, WI, 53211
$ 779,000Bedrooms-- Baths0.0
for $779,000. This home was built in 1890 on a lot size of 0.20 Acre(s).
Fantastic turn-key investment on Milwaukee's East Side! Just three blocks from North Ave and N Farwell Ave. Perfect for an investor or owner occupant looking for cash flow. This five-unit building features one three-bedroom, two-bathroom unit, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units, a yard and four-car, detached garage. The building is fully occupied with long-term tenants on one-year leases. Highlights include new roof (2015), new drain tile and sump pumps (2017), two new retaining walls (2017), and new copper plumbing in the basement (2019). Tenants pay a prorated share of water, gas, and electric. This property boasts a cap rate of 5.7% and an unbeatable location and rental history. Don't miss out!
Basement Full Basement
Heating Source Natural Gas
Water Source Public Water
Parking 1-20 Covered Parking Spaces 2 Car Parking Indoor Parking
List By Contero Real Estate Llc
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 2.99% 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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Multi-family listings in Milwaukee, WI
Average List Price $201,933
Percent of Sale Price 74%
About Milwaukee, WI
$ 38,108 Median Income
33.37 Median Age
29% Households with Children
Milwaukee School District