Property Details
High-Yield Investment Opportunity: Located in Milwaukee’s Riverside Park neighborhood, just a mile from UWM. 6-bed, 3-bath duplex with a 9.5%+ cap rate at $3,350/month in rent. Long-term tenants in both units (4bd/2ba: $2,050; 2bd/1ba: $1,300) cover most utilities, and the property includes parking spaces. While the roof and porch need repair, the property is in livable condition and cash-flowing. Closing February 14, 2025—contact us now to make an offer.
Address
2619 N Bartlett Ave.
City
Milwaukee
State
Wisconsin
Zipcode
53211
Property Sqft
2,492
Lot size
3,600
Bedrooms
6
Bathrooms
3
Year Built
1911
Status
Sold
Sold
Sold
Repair & ARV
Repairs Needed: Roof and Porch
Roof Estimate from PropertyDeals Certified Contractor: $9k replacement
Porch Estimate from PropertyDeals Certified Contractor: $6,500 repair/reno
ARV: $385k-$405k
Rent & Expenses
Total Rent: $3,350/month
Upper Unit: $2,050/month (4 bed, 2 bath)
- Partial Section 8 subsidy
- Stable long-term tenant (5+ years)
Lower Unit: $1,300/month (2 bed, 1 bath)
- Stable long-term tenant (7+ years)
Expenses:
Tenants cover most utilities.
Owner splits water payments with tenants. (Around 2.5k-3k per year)
Gallery
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Please email any POF to [email protected]
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Please email any POF to [email protected]
PropertyDealer
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Bedrooms
Bathrooms
Year Built
Interior size
Bedrooms
Bathrooms
Year Built
Interior size