Listing courtesy of Shorewest Realtors - South Metro.
Southside approved rooming house produces huge monthly cash flow (over $4500/month gross income!). Long time local owner (15+ years) has managed the building meticulously and is proud to pass the torch to the next owner. Large main floor apartment could be converted into a 2 bedroom unit for additional income (currently income ready as a 1 bedroom) and then 7 studio rooms with ovens/fridges and shared bathroom. Most units have been updated. 1 year old coin operated washer/dryer included for additional income. Parking slab accommodates tenant parking + storage units for each studio tenant, 7 year old boiler, 150 amp circuit panel, vinyl siding, and roof within seller's ownership. If you are looking for turnkey income on the southside of Milwaukee then look no further, call today!
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