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618-620 S Hawley, Milwaukee, Wisconsin 53214
Milwaukee Multi-Family
List Price: $425,000
Property Type: Multi-Family
MLS Number: 1977547
County: Milwaukee
Taxes: $0.00
Tax Year: 0
Basement: Full
Construction Materials: Aluminum Siding,Vinyl
Inclusions: (5) Refrigerators, (5) Ovens/Ranges, (1) Dishwasher
Tenant Pays: Electricity,Heat,Gas
Description: 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.
Directions: Hawley Rd over I-94 is closed for construction. Exit I-94 at Mitchell Blvd, S to W National Ave, W to S Hawley Rd, N to property.
Listing Courtesy of: Compass RE WI-Tosa
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