618-620 S Hawley Rd, Milwaukee, WI 53214
$425,000
MLS #: 1977547
Description of 618-620 S Hawley Rd, Milwaukee, WI 53214
One parcel, two buildings, five units: approx. $49,400 gross income with below-market rents and upside at turnover. Over $115,000 in documented capital improvements since 2019: three units remodeled (kitchens, baths, flooring, lighting), two high-efficiency furnaces, engineered foundation repair, relined sewer lateral, rebuilt garage structure, new precast exterior stairs. The heaviest investments are behind it; what remains is cosmetic. Hold as-is as a producing asset or add value on your timeline. Four-unit apartment building plus a detached 3BR bungalow: live in the house while four units pay the bills. Established tenants, off-street parking. Financials and improvement list available.
Property Features of 618-620 S Hawley Rd, Milwaukee, WI 53214
Listing courtesy of: Compass RE WI-Tosa
TYPE
Multi Family
Multi Family
Year Built
1885
1885
Acres
.31
.31
Features
| Aluminum siding |
| Vinyl siding |
| Lot acreage is: 0.31 |
| Lot sqft: 13503.6 |
| Lot zoned: RM1 |
| Full basement |
| Public sewer |
| Public water |
| Tenant expenses: Electricity,Gas |
| For sale |