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2424 N 48th, Milwaukee, Wisconsin 53210
List Price: $127,900
Property Type: Two-Family
MLS Number: 1926787
County: Milwaukee
Taxes: $2,574.00
Tax Year: 2024
Basement: Full
Construction Materials: Aluminum Siding,Wood
Inclusions: Appliances and fixtures.
Number Of Units: 2
Tenant Pays: Electricity,Gas
Total Units: 2
Description: Currently generating $1,890/month in rental income. Upper unit recently had $5K of updates to get rent-ready and is now occupied. Lower unit needs attention with drywall, paint, and water/mold remediation due to a leak from the upstairs balcony when it rainsexpect $5K in work. Perfect for an investor looking for immediate cash flow + value-add upside in a duplex that's already producing income. Being sold as-is. Bring your contractor and your offer. Hardwood floors in the upper and carpet and vinyl floors in the lower, both ready for instant equity and upgrades. New water heater in 2023. Lower tenant is on Section 8. Lower tenant is working on back pay for rent.
Directions: Travel north on 48th St. from Lisbon Ave. to property
Listing Courtesy of: Keller Williams Realty-Milwaukee North Shore
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Chris Haines – Real Estate Specialist, Greater Milwaukee Area
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