813 S Shea Avenue, Milwaukee, WI 53215
- $320,000
Listing courtesy of reThought Real Estate.
- List Price
- $320,000
- MLS#
- 1957312
- Status
- ACTIVE
- Year Built
- 1918
- County
- Milwaukee
- Municipality
- Milwaukee
- Acres
- 0.16
Property Description
Solid 4-unit investment opportunity on Milwaukee's South Side! Fully rented with three units leased at $850 per month and one unit at $700, generating $3,250 in monthly gross income and $39,000 annually. This income-producing property offers spacious units with functional layouts, large living areas, hardwood floors in select rooms, painted interiors in select spaces, and a full basement with storage and laundry area. Detached 4-car garage structure adds additional value and future potential. While the property could benefit from cosmetic TLS and continued improvements, it offers as strong rental setup for investors seeking immediate income with upside through future updates and rent growth. Conveniently located near shopping, schools, parks, public transportation, and everyday amenities.
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Additional Information
- TotalTaxes
- $4,394
- Parking
- Inside Parking, Outside
- Appliances
- Seller Owned: Dryer, Seller Owned: Washer
- Basement
- Block, Full, Laundry Facilities
- Exterior
- Aluminum/Steel, Aluminum, Wood
- Garage Description
- Indoor Space
- School District
- Milwaukee
- Elementary School
- Alba
- Courtesy Of
- reThought Real Estate
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