$249,900
MLS #: 1955598

Description of 743 S 24th St, Milwaukee, WI 53204

Turnkey 3-unit multifamily in Milwaukee's south side featuring classic Lannon stone construction and strong cash flow potential. This fully occupied triplex offers three 2BR/1BA units totaling -2,326 sq ft, plus a detached 3-car garage. Extensive 2023 renovations (-$112K) include LVP flooring, updated kitchens and baths, new lighting, fresh paint, and electric baseboard heat throughout. Tenants pay utilities, providing efficient operations. Current rents total $2,810/month with upside and flexible lease expirations for owner-occupants. Stabilized pro forma NOI -$14K+. Convenient location near downtown, schools, and transit. Ideal for investors or house hackers seeking value-add and steady income. Perfectly located in the sought-after Mitchell Park neighborhood, just minutes from the HWY.

Property Features of 743 S 24th St, Milwaukee, WI 53204

Listing courtesy of: Coldwell Banker Realty
TYPE
Multi Family
Year Built
1909
Acres
.12
Features
Vinyl siding
Wood exterior
Stone exterior
Lot acreage is: 0.12
Waterfront lot
Lot has pond
Lot sqft: 5227.2
Lot zoned: RT4
Full basement
Public sewer
Public water
Tenant expenses: Electricity,Gas
For sale

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