NOT LISTED FOR SALE

2907 S 43rd St Milwaukee, WI 53219

Jackson Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $241,000

3 Days on Market

About This Home

As of June 2022

Investor value-add opportunity. This farm house boasts newer electric and a roof that is 7 years old. The interiors need a revamp and collect under market rents ($2860). Moving through one apartment at a time, rehab one unit while the other 3 cover your costs. Market rents project $3300. Two 1bd apartments, one 2bd, and one 3bd loft style apartment (or 2bd with a den). Premium rental location directly across the street from Jackson Park and near Alverno College. Long term tenants in 2 of the 4 units. Leases expire in May, August, September of 2022 & March 2023. All apartments have individual furnaces and water heaters. Buy at a 6.5 CAP and build equity to an 8.3 CAP!

Last Agent to Sell the Property

Matthew Meunier

Humbled Hands Real Estate License #87405-94 Listed on: 04/28/2022

Last Buyer's Agent

Segal Goldman Realty Group*

RE/MAX Service First License #76545-94

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Community Details

  • Operating Expense $19,271
  • Net Operating Income $14,599

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 5121021000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.21
  • Inclusions: 4 refrigerators & 4 stoves
  • Directions: Take S. 43rd St. to W. Dakota St. Turn West on Dakota and property is on the SW corner of S. 43rd St. and W. Dakota St.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Brick, Block, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 5121021000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 14599
  • Annual Operating Expense: 19271

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $241,000 0.0% --
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $241,000 +9.5% --
02/12/2020 02/12/20 Sold $220,000 0.0% -- View Prior Sale
12/16/2019 12/16/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $220,000 -- --
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Meunier

    Humbled Hands Real Estate

    (920) 286-2018

    1 in this area

    58 Total Sales

    Matthew Meunier
    Section Image

  • T

    Seller's Agent in 2020

    Troy Owen

    North Shore Realty Group, LLC.

    (414) 461-4424

    Troy Owen
    Section Image
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Map

Source: Metro MLS

MLS Number: 1789681

Metro MLS
Wisconsin Milwaukee County Milwaukee 53215 Jackson Park

2907 S 43rd St, Milwaukee, WI

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