Listing: #236090592
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944 North 37th STREET #946, MILWAUKEE, WI
53208
4-unit income property in central Milwaukee! This updated multifamily generates $46,440 annual income (fully rented) with only $10,000 in expenses, producing an NOI of $36,440 and a pro-forma cap rate around 11.4. Three units are leased, and one is vacant, perfect for an owner-occupant or can be rented at top market rate. Each unit features modern kitchens, updated baths, new flooring, and upgraded mechanicals. Separate utilities, newer roof, off-street parking, and attic expansion potential. Minutes from Marquette and downtown, in a strong rental area seeing steady revitalization. Excellent opportunity for investors or house-hackers seeking cash flow and appreciation.
Property Type:
Multifamily
List Price:
$320,000.00
Units:
2
Area
4192 Sqft
Taxes:
$2,645.00
Tax Year:
2024
Year Built:
1916
Lot Size:
-
Total Units:
-
# Stories:
-
Exterior:
-
Roofing:
-
Garage / Parking:
-
Heating / Cooling:
0
Water:
N
Listing Office Name:
Kendrix Realtors