Kiser Group is pleased to present 1328 W Greenfield Ave is a 13-unit, all 3-bedroom multifamily opportunity located in the Walker's Point neighborhood in Milwaukee's south side, offered at $1,000,000. The property presents a value-add opportunity for a new owner. The current NOI of $45,651 and 4.57% cap rate are reflective of 3 vacant units. Once stabilized, the asset is underwritten to a proforma cap rate of 9.25% on NOI of $92,463. Prior to a recent renewal, long-term leases were at $900/month; ownership has since renewed tenants at $1,100/month, which remains below the in-place market high of $1,250/month. Ownership has converted the building from a central boiler system to individual furnaces per unit, and electrical service has been upgraded to 400 amps to the building and 100 amps per unit.