Great investment opportunity. Turn key fully occupied 4 family bringing in $3000.00 a month. Newer furnaces and water heaters for all four units. Would work great for a DSCR loan. Yearly rent $36,600. Current tax, insurance, and water bill total $5,221.83 a year.
Property Details
Property Features
Property Information:
Year Built: 1924
Living Area: 2,276 SqFt
Listing Office:
Office Name: The Real Estate Edge, LLC
Office Phone: (262) 370-0580
Listing Agent: Bret Duer
Interior Features
Interior Information:
Appliances: Water Heater
Basement: Yes
Exterior Features
Parking Information:
Parking: Outdoor Space, Inside Parking, Outside
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Other
Municipality:
Milwaukee
Price Information
Listing Price Info
Price Summary:
List Price: $199,000
Price Per SqFt: $87/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milwaukee, WI.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,061
Per Month
Principal & Interest
$994
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$663
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Fratney Elementary School
3255 N Fratney St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
1
/10
Keefe Avenue Elementary School
1618 W Keefe Ave
Distance between this listing and this school0.81 miles
Public District Grades PK-5
1
/10
Hopkins Lloyd Community School
1503 W Hopkins St
Distance between this listing and this school1.15 miles
Public District Grades PK-5
Nearby Schools
4
/10
King Jr Elementary School
3275 N 3rd St
Distance between this listing and this school0.28 miles
Public District Grades PK-8
3
/10
Lafollette Elementary School
3239 N 9th St
Distance between this listing and this school0.51 miles
Public District Grades PK-8
5
/10
Milwaukee Math and Science Academy
110 W Burleigh St
Distance between this listing and this school0.54 miles
Public Charter Grades PK-8
Nearby Schools
1
/10
North Division High School
1011 W Center St
Distance between this listing and this school1.18 miles
Public District Grades 9-12
5
/10
King International
1801 W Olive St
Distance between this listing and this school1.18 miles
Public District Grades 9-12
1
/10
Nova-Northwest Opportunities Vocational Academy
2320 W Burleigh St
Distance between this listing and this school1.39 miles
The neighbors living near this home have an average income of $18,017. The most common annual income of people living in Milwaukee, WI is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 420 W Keefe Ave Unit 422 in Milwaukee, WI and zip code 53212 in the Northeast neighborhood. This 2,276 square foot home, which was built in 1924, sits on a 0.10 acre lot. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $199,000.
In November 2024, from all listings sold in Milwaukee, WI there were more than 203 sold above asking price, over 167 sold below and more than 64 were sold right at the asked price. The number of homes for sale in Milwaukee, WI decreased by 0.1% between October 2024 and November 2024. In November 2024 median list price was $249,907 and the average listing age was 13 days.
From Rocket Homes Real Estate and based on county public records data.