Segal Goldman Realty Group
Listing: #236090592

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944 North 37th STREET #946, MILWAUKEE, WI 53208
$320,000 Built in 1916
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