About 2218 W State St 2222
Brick 4 family in a great spot adjacent to Marquette Blue Light District. All units are 2 bed/1 bath. 2 are more recently refinished and 2 are older work but in good shape. Building is meticulously cared for and is very clean in & out. Rents have room to grow immediately with no capital investment. The property pencils as a 8.37 cap with pending increases on Units 2 & 4 effective 4/1. Separate boilers & water heaters, separately metered gas & electric with individual panels (breakers) for each unit with storage units in the basement. Large 2 car garage plus workshop and a steel outbuilding in addition to 5 surface parking spaces. Low maintenance property inside & outside with masonry, no grass and very minimal common areas. Newer TPO roof. Just plug in and roll with this one!
Features of 2218 W State St 2222
| MLS® # | 1891037 |
|---|---|
| Price | $387,250 |
| Acres | 0.13 |
| Year Built | 1913 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 2218 W State St 2222 |
|---|---|
| City | Milwaukee |
| County | Milwaukee |
| State | Wisconsin |
| Zip Code | 53233 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Outdoor Space, Indoor Space, Near Public Transit |
| Is Waterfront | No |
Interior
| # of Stories | 1 |
|---|
Exterior
| Exterior | Brick |
|---|
School Information
| District | Milwaukee |
|---|
Additional Information
| Zoning | RT4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Data Source | MetroMLS |
Listing Details
| Office | RE/MAX Service First |
|---|