2907 S 43rd St, Milwaukee, WI 53219

Investor value-add opportunity. This farm house boasts newer electric and a roof that is 7 years old. The interiors need a revamp and collect under market rents ($2860). Moving through one apartment at a time, rehab one unit while the other 3 cover your costs. Market rents project $3300. Two 1bd apartments, one 2bd, and one 3bd loft style apartment (or 2bd with a den). Premium rental location directly across the street from Jackson Park and near Alverno College. Long term tenants in 2 of the 4 units. Leases expire in May, August, September of 2022 & March 2023. All apartments have individual furnaces and water heaters. Buy at a 6.5 CAP and build equity to an 8.3 CAP!