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Listed by Steven Brunow Cushman & Wakefield / Boerke
$895,000
Est. payment /mo
3,320 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,320 sqft
Price per Sqft $269
MLS Listing ID 1977005
Year Built 1885
Acres 0.14
Property Sub-Type Multi-Family
Property Description
The Cass Street Apartments present a rare opportunity to acquire a well-located, beautifully preserved four-unit multifamily property in Milwaukee's Lower East Side. Unit #1 is fully furnished (as seen in the photos), and is ideally suited for an owner-occupant to benefit from the monthly income from the three neighboring units. From an investor standpoint, the property offers a combination of in-place cash flow, proven rental demand, and significant upside through rent growth and operational optimization - either through a traditional 12 month lease or a short-term rental approach. Contact Steve Brunow for additional background, sale comps, or a proforma on this deal.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Full
Interior
Inclusions Unit #1 is currently pre-furnished, and includes a fully equiped kitchen with in-unit washer & dryer upon sale. Certain furnishings and personal property located within the unit will also be included as part of the sale.
Exterior
Parking Features Outdoor Space
Exclusions Tenant's personal property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Brick
Schools
School District Milwaukee
Others
Tax ID 3600334000
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