This long-term tenant occupied investment property is available for you to begin your investor journey! This second-floor condo unit located towards the rear of the building has two spacious bedrooms with two bathrooms. Master bedroom has a walkthrough closet leading to the ensuite bathroom. Unit comes with one assigned off-street parking spot and storage unit in the basement which has multiple coin operated washer/dryers available for use. Per Seller condo currently has a Special Assessment fee of $150/month which will be paid by Seller if closing before the end of the year. Current lease is for $950/mo and ends on 11/30/2026.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14' x 12'
- Bedroom 2 Dimensions: 14' x 11'
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
Other Rooms
- Total Rooms: 5
- Living/Great Room Dimensions: 18' x 12'
- Living/Great Room Level: Main
- Basement Features: Block,Full
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Kitchen and Dining
- Dining Room Dimensions: 12' x 8'
- Dining Room Level: Main
- Kitchen Dimensions: 8' x 8'
- Kitchen Level: Main
Exterior and Lot Features
- Street Additional Info: G
Homeowners Association
- Association: Yes
- Association Amenities: Laundry, Near Public Transit
- Association Fee: 350
- Association Fee Frequency: Annually
- Association Fee Includes: Lawn Maintenance, Snow Removal, Water, Common Area Maint, Replacement Reserve, Common Area Insur
- Calculated Total Monthly Association Fees: 29
School Information
- High School District: Milwaukee
Other Property Info
- Annual Tax Amount: 1119
- Source Listing Status: Active
- County: Milwaukee
- Directions: Good Hope Rd to 60th St, North to building.
- Tax Year: 2024
- Source Property Type: Condominium
- Exclusions: Tenant's personal property
- Property Subtype: condo
- Parcel Number: 0830611110
- Postal City: Milwaukee
- Zoning: RM1
- Zoning Description: RM1
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1003
- Year Built: 1972
- Building Area Source: Public Records
- Building Area Total: 1003
- Construction Materials: Brick, Vinyl
- Levels: One
- Property Age: 54
- Levels or Stories: One
- Total Area Sqft: 1003
- Year Built Source: Public Records
Utilities
- Gas: true
- Sewer: Municipal Sewer
- Water Source: Municipal Water, Municipal Water