$580,000
MLS #: 1984975

Description of 8633 N Granville Rd, Milwaukee, WI 53224

$580,000. Unique turn-key opportunity for the savvy investor to own this 5-unit multi-family property in Granville Station. Stable positive cash flow with four 2BDRM/1BA units & one 3BDRM/1.5BA Townhouse unit--ideal for an owner-occupant! MTM leases add flexibility for new ownership. Updated appliances included in each unit & coin-operated common laundry in basement. 10 space parking lot for tenant convenience add to lease appeal. $5,475 in monthly leases & low maintenance requirements yields $2,908 of positive monthly cash flow with room to grow. Recent building updates include: New Furnace, 2 New Water Heaters, Exterior Smart Lighting & Smart Heat Tape, Security Cameras & Master Lock System. Recent unit updates include: LVP Floors, Paint, Light Fixtures & bathroom updates.

Property Features of 8633 N Granville Rd, Milwaukee, WI 53224

Listing courtesy of: Hanson & Co. Real Estate
TYPE
Multi Family
Year Built
1973
Acres
.3
Features
Aluminum siding
Brick exterior
Lot acreage is: 0.3
Lot sqft: 13068
Lot zoned: RM1: Multi Fam
Full basement
Public sewer
Public water
Tenant expenses: Electricity,Gas
For sale

Homes for Sale Nearby 8633 N Granville Rd, Milwaukee, WI 53224

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