1500 W Orchard St new

Milwaukee,WI 53204

$ 135000

5 Beds

2 Baths

1992 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $67

MLS Listing ID 1937927

Bedrooms 5

Full Baths 2

Year Built 1905

Annual Tax Amount $2,702

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

This SPACIOUS southside duplex has cash cow potential w/ a HUGE value-add opportunity! Don't wait - buy now before the end of the year to take advantage of accelerated depreciation! Lower unit features 3 beds, 1 bath w/ newer LVP flooring. Upper unit is a 2 bed, 1 bath w/ a walk-in closet that is big enough for a potential 3rd bedroom! Upper unit is well maintained by current tenant w/ newer carpet & LVP flooring. Both units have had recent plumbing upgrades w/ en-suite laundry hookups. Oversized backyard w/ off-street parking for tenants. Currently rented BELOW market for $1,650/month. Regardless of your strategy for this property, it is an excellent investment & addition to your portfolio! Property being sold as-is. Possible package deal w/ MLS: 1937942 (8-unit).

Location

State WI

County Milwaukee

Zoning RT4

Interior

Heating Forced Air,Natural Gas,One Furnace

Flooring No

Exterior

Exterior Feature Other,Vinyl

Parking Features Alley Entrance,Parking Space

Building

Dwelling Type Duplex/2 Story

Water Municipal Sewer,Municipal Water

Schools

School District Milwaukee

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