2436 S Wentworth Ave - Apartments FOR SALE


Milwaukee, WI 53207- Bay View
$1,175,000 USD
414-250-8132
2436 S Wentworth Ave, Milwaukee, WI for Sale
$1,175,000 USD
Apartments - FOR SALE
1/39
null | 6.6% Cap Rate

2436 S Wentworth Ave
Milwaukee, WI 53207
Bay View


HIGHLIGHTS

  • Prime Bay View location on a quiet residential street
  • 5-unit apartment building with four long-term rentals and one furnished Airbnb
  • Fully renovated interiors with modern kitchens, stainless steel appliances, and updated finishes
  • Off-street parking and onsite laundry
  • Separately metered gas and electric with no common electric expense
  • Individual forced-air furnaces and water heaters for each unit

OVERVIEW

Turnkey 5-unit apartment building located in Milwaukee's highly sought-after Bay View neighborhood. The property features four renovated long-term rental units plus one furnished two-bedroom unit currently operated as a successful Airbnb, providing investors the flexibility to continue short-term rentals or convert to mid-term or traditional leasing. With premium interior finishes, off-street parking, separately metered gas and electric, and additional rental upside, this is a rare opportunity to acquire a stabilized Bay View asset with multiple avenues for future NOI growth.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

5

PRICE/UNIT

$235,000

CAP RATE

6.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2436 S Wentworth Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RT4

APN/PARCEL ID

500-1322-000-7

ASK ABOUT THIS PROPERTY

Max FiasconeApartment Cash Flow, IncMore Info
414-250-8132

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Max FiasconeApartment Cash Flow, IncMore Info
414-250-8132

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.