Bought with Cherry Home Realty, LLC
$185,000
$179,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
1559 S Cesar E Chavez DRIVE #1561 Milwaukee, WI 53204
2,782 SqFt
Key Details
Sold Price $185,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,782 sqft
Price per Sqft $66
Municipality MILWAUKEE
MLS Listing ID 1933620
Sold Date 09/19/25
Year Built 1898
Annual Tax Amount $2,466
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
Excellent investment opportunity with great cash flow. Front duplex upper has 4br and getting $1100 a month MTM lease. Lower unit is 3br getting $800 MTM lease with long term tenant of 10+ years. Rear cottage is currently vacant with a market value rent of $700. Some updates in recent years include new furnace & water heater upper unit, new copper water main, newer furnace, water heater, & glass block basement windows in rear cottage. Duplex roof was a tear off & replace 3 years ago. This property will NOT qualify for VA or FHA financing.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Full
Interior
Heating Natural Gas
Exterior
Parking Features None
Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
Structure Type Other,Wood
New Construction N
Schools
School District Milwaukee
Others
Special Listing Condition Arms Length
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