Calling all investors! Don't miss this incredible opportunity in Milwaukee's Granville Station. A well-maintained 5-unit multi-family property awaits, generating positive cash flow. With four 2BR, 1BA units and a 3BR, 1.5BA townhouse, this property appeals to a wide variety of tenant needs. Enjoy hassle-free ownership with low maintenance requirements. Currently, 4 units are occupied, leaving a vacant 2BR unit for potential rent optimization. Currently grossing $3,500/month, there's room to increase rents as they are below market rates. Flexible month-to-month leases provide future adjustments. Recent updates include modern bathrooms and updated plumbing. Appliances, including coin-operated laundry, are included. Tenants cover utilities.
Closed
$455,000
8633 North Granville ROAD #8635, Milwaukee, WI 53224
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1973
-- sqft lot
$523,500 Zestimate®
$--/sqft
$1,359 Estimated rent
Home value
$523,500
$476,000 - $581,000
$1,359/mo
Zestimate® history
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Owner options
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$1,359/mo
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$2,572/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 04, 2023 at 05:11am
Listed by:
Tyler Kristopeit 414-877-9000,
Coldwell Banker Realty
Bought with:
Katrina Hanson
Source: WIREX MLS,MLS#: 1839581
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Central Air, Forced Air, Individual Heating Units, Other
Cooling
- Central Air, Individual Heating Units, Other
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.30 Acres
Details
- Parcel number: 0400133000
- Zoning: RM1: Multi Fam
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Trim, Partial-Aluminum, Partial-Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $455,000+1.1% |
Source:  WIREX MLS #1839581 Report a problem | ||
| 6/24/2023 | Pending sale | $449,900 |
Source: WIREX MLS #1839581 Report a problem | ||
| 6/22/2023 | Listed for sale | $449,900 |
Source: WIREX MLS #1839581 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Granville Station
Nearby schools
GreatSchools rating
- 4/10Goodrich SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Craig Montessori SchoolGrades: PK-8Distance: 5.6 mi
- 4/10Vincent High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$523,500
2% more
+$10,470
With Zillow Showcase(estimated)
$533,970
- Wisconsin
- Milwaukee County
- Milwaukee
- 53224
- Granville Station
- 8633 North Granville ROAD Unit 8635