8708 W Villard Ave, Milwaukee, WI 53225
8708 W Villard Ave, Milwaukee, WI 53225
8708 W Villard Ave, Milwaukee, WI 53225
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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567
Listed by Anna M Cihla SNSHN Realty LLC
$725,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 1963372

Acres 0.44

Property Sub-Type Multi-Family

Property Description

Well maintained 8 unit multifamily property with strong cash flow and upside potential. Current rents total $6,970/month, with tenants responsible for gas, electric, heat, and water, keeping operating expenses low. Major capital improvements include a new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024). One unit is vacant and ready for immediate occupancy, and market rents support a rent roll of $8,000+/month. Several units have been updated in the last few years with LVP flooring, refreshed kitchens, paint, and bathroom improvements. Additional on site coin operated laundry, storage units, and outdoor parking spaces provide convenience for tenants. Great opportunity to add to your portfolio.

Location

State WI

County Milwaukee

Zoning RM1

Direction Corner of 87th and Villard

Rooms

Basement Block, Full

Interior

Inclusions 8 stove/ovens, 8 refrigerators

Exterior

Parking Features Near Public Transit, Outdoor Space

Exclusions Seller and tenant personal property. Coin operated washing machine and dryer are leased from WASH.

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Brick

Schools

School District Milwaukee

Others

Tax ID 1860405100

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Clarice Butler Smith

Clarice Butler Smith

+1(262) 900-2567

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