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Listed by Keller Williams Realty-Lake Country
$ 135,000
Est. payment /mo
New
1500 W Orchard St Milwaukee, WI 53204
5 Beds
2 Baths
1,992 SqFt
UPDATED:
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
Acres 0.1
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
Rooms
Basement Block, Full, Walk Out/Outer Door
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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