RARE Updated 2 Duplex Property Grossing $40,620 in Annual Rent!

ID #:583646
2923 S. 15th St. A&B
Milwaukee, WI 53215 
Bedrooms: 7
Bathrooms: 4
Year Built: 1913
Square Feet: 3,437
Min. Down: N/A
Lot Size: 5400 Sq. Ft.
HOA Fees: N/A
Floors: 2
Room Dimensions
#1 - Lower: 1
135 (3 BR
1 BA)
#2 - Upper: 1
135 (2 BR
1 BA)
#3 - Lower: 583 (1 BR
1 BA)
#4 - Lower: 583 (1 BR
1 BA)
Local Schools Milwaukee
Tax Key Number 508-0440-000
Directions 15th and Oklahoma
Property Type: Multi-family
Sale Type:Resale
Subdivision: Polonia
Tax Assessed Value:$154,200

Presented By:

David Hintzman Real Estate With Integrity LLC

Phone: (414) 405-0372
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Property Details

Description:

A truly unique fully renovated multi-family property located in a fantastic rental market! Two turnkey duplexes on the same property! Building A (Front): The lower unit is an open concept 3 BR w/ large dining and living area, upper unit is a 2 BR unit w/ large dining and living area. Building B (Back): Both units A & B are 1 BR, updated, and open concept. Major recent upgrades: replaced roof, fascia/soffit & gutters, installed siding, newer Low E/Argon windows, replaced furnaces, newer hot water heaters, newer appliances, remodeled bathrooms & kitchens, newer LifeProof Carpet (all units), LifeProof vinyl plank flooring, LED lights, installed exhaust fans in kitchens and all bathrooms, knockdown finish, recently painted, new cedar privacy fence installed, storage lockers, glass block & much more. 4 off street dedicated parking spots, location is 2 blocks away from parks/shopping. Gross Rent = $40,620, Net Rent = $32,371, with 2022 rent increases expected. Fully leased, non-smoking and no pet tenants secured through May 2021. This property benefits from a strong rental market. No deferred maintenance. This special and profitable property will not last long. Only serious inquiries please. Showings may be scheduled after proof of credit and/or proof of funds is provided. The current tenants' privacy needs to be respected.

Features

Property Features:

  • Range
  • Window AC
  • Freezer
  • Other
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Laundry Electric Hookup
  • Basement: Full
  • Basement: Block
  • Basement: Poured walls
  • 2 Story
  • Brick
  • Vinyl siding
  • Low Maintenance Trim
  • Carpet
  • Ceramic Tile
  • Natural Gas
  • Electric
  • Air Cond - Multiple units
  • Walk-in closet(s)
  • Smoke detector
  • Bath: Off MBR
  • Bath: MBR Shower over Tub
  • Bath: At least one bathtub
  • Bath: Shower over tub
  • Bath:Shower stall
  • Bath: Ceramic tile
  • Central Air
  • Other Air Conditioning
  • Central Heating
  • Energy Efficient Systems
  • Renovated
  • Smoke Alarms
  • Smoke Free
  • Balcony
  • Porch
  • Street Lights
  • Fenced Yard
  • Attached Parking
  • Breakfast Area/Nook
  • Dining Room
  • Living Room
  • Family Room/Great Room
  • Attic
  • Basement
  • Main Floor Bathroom
  • Main Floor Bedroom
  • Stylish
  • Traditional

Lot Features:

  • Fenced
  • Driveway: Paved
  • Driveway: Parking Space
  • Near Public Transit
  • Sidewalk
  • Fenced yard
  • Lot: Level
  • Walk-Up
  • Sidewalks
  • Street Lights
  • Municipal water
  • Municipal sewer

Community Features:

  • Storage Room
  • Within 5 Miles from Park
  • Within 5 Miles from Town/City/Shopping
  • Community Basketball
  • Community Playground
  • Community Park

Additional Features:

  • Agent Commission Available
  • Water Included
  • Trash Included
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Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.