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2132 N 40th St , #2134

Milwaukee, WI 53208
  • $135,000
  • STATUS: Active Under Contract
  • ON SITE: 102 Days
  • ID#: 1896093
Under Contract
UPDATED: 185 min ago
$135,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,622
    SQFT
  • $51
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:
Area:

School Ratings & Info

School District:
Data Source: MetroMLS

Listing provided courtesy of Homestead Realty, Inc: (414) 461-4040.

Description

This well-maintained duplex offers an excellent opportunity for investors seeking solid cash flow with minimal upkeep. The property features an updated lower unit and has recently undergone significant mechanical upgrades, including two new furnaces, a new water heater, and updated plumbing.Both units are fully occupied, providing immediate rental income. The lower unit is currently rented at $1,000 per month, while the upper unit, occupied by a long-term Section 8 tenant, generates $950 per month. With reliable tenants already in place and modernized systems, this property is a turnkey investment with built-in income.Whether you're a seasoned investor or just starting to grow your portfolio, this duplex offers steady cash flow and peace of mind with its recent improvem

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© 2025 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Shine Realty. Data last updated: 2025-01-25T23:52:53.047.
www.housesthatshine.com/homes/156782132
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2132 N 40th St , #2134 Milwaukee, WI 53208

  • Price: $135,000
  • Status: Active Under Contract
  • On Site: 102 Days
  • Updated: 185 min ago
  • ID#: 1896093
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,622
SQFT
$51
$/SQFT
1906
Built
Neighborhood:
Milwaukee
County:
Milwaukee
Area:
Milwaukee
School District:
Milwaukee
Property Description
This well-maintained duplex offers an excellent opportunity for investors seeking solid cash flow with minimal upkeep. The property features an updated lower unit and has recently undergone significant mechanical upgrades, including two new furnaces, a new water heater, and updated plumbing.Both units are fully occupied, providing immediate rental income. The lower unit is currently rented at $1,000 per month, while the upper unit, occupied by a long-term Section 8 tenant, generates $950 per month. With reliable tenants already in place and modernized systems, this property is a turnkey investment with built-in income.Whether you're a seasoned investor or just starting to grow your portfolio, this duplex offers steady cash flow and peace of mind with its recent improvem
Exterior Features

Exterior Vinyl Garage Parking None Garage Type None Lot Size 30x120

Interior Features

Basement BrickFull Unit1 Appliances OvenRangeRefrigerator Unit1 Bath Full on MainShower Over Tub Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Heat Type Forced AirNatural GasOne Furnace Unit1 Left Lower Formal Dining RoomLiving Room Unit1 Misc Circuit BreakersSeparate ThermostatSmoke Detector Unit1 Rooms 6 Unit1 Sq Ft 2622.00 Unit2 Appliances None Unit2 Bath Full on MainShower Over Tub Unit2 Bedrooms 3.00 Unit2 Full Baths 1.0 Unit2 Half Baths 0 Unit2 Heat Type Forced AirNatural GasOne Furnace Unit2 Misc Circuit BreakersSeparate ThermostatSmoke Detector Unit2 Right Upper Formal Dining RoomLiving Room Unit2 Rooms 6.00

Property Features

Contingent With Offer Flood Plain No Municipality City Source Acreage Public Records Source Sq Ft Public Records Source Year Built Public Records Tax Year 2023 Taxes 1130.56 Type Duplex/2 Story Water Waste Municipal SewerMunicipal Water Zoning RT4

© 2025 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2025 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Shine Realty. Data last updated: 2025-01-25T23:52:53.047.
 
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Shine Realty
101 N Main St.
Jefferson WI, 53549
Data Source: MetroMLS

Listing provided courtesy of Homestead Realty, Inc: (414) 461-4040.