2436 S Wentworth Ave, Milwaukee, WI 53207

$1,125,000

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Courtesy of Max Fiascone with Apartment Cash Flow, Inc.. 651-263-3653

List Price
$1,125,000
Status
ACTIVE
MLS#
2026966
Acres
0.11
Year Built
1913

Property Description

Fully renovated Bay View 5-unit now offered at $1,125,000, providing an approximately 6.2% in-place cap with additional rent upside. The property features four renovated long-term apartments plus one furnished 2-bedroom unit currently operating as a successful Airbnb, offering flexibility for short-term, mid-term, or traditional long-term rental strategies. Current long term rents reach $1,850/month, with recent comparables supporting additional rental upside. Tenants pay gas and electric, with all units separately metered. Recent improvements include a new roof (2017), exhaust vents (2023), modernized interiors, updated kitchens, stainless steel appliances, and contemporary finishes throughout. Off-street parking and onsite laundry. Conveniently located near Kinnickinnic Avenue, South Shore Park, downtown Milwaukee, restaurants, shopping, and Lake Michigan.

Additional Information

Architecture
Apartment
Style
Apartment
Garage Description
Other
School District
Milwaukee
Elementary School
Parkside
Middle School
Parkside
High School
Not Assigned

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