**Cash Cow!** Fully Rented $3900/mo income! WITH utilities covered by 2/3 tenants.Brand new roof and updates throughout. The property consists of two updated 2-bedroom units and a spacious commercial space.The commercial space was previously used as a salon and a photo studio. **Investors Welcome** Add this gem to your portfolio and reap the benefits of great returns and profitability!The property is located on a great location in West Allis, on the corner of Lincoln and 60th. Schedule a showing today!The tenant in Unit 3 ($950) is moving out of state June 15th. Creating an opportunity for a savvy investor to increase rent or renovate into a beautiful residential unit for even higher income!
Property Details
Property Features
Property Information:
Year Built: 1860
Listing Office:
Office Name: KWS Realty (Kathy Wolf and Sons Realty)
Office Email: kathy@kathywolfandsons.com
Listing Agent: Jacob Foss
Interior Features
Interior Information:
Appliances: Dryer, Washer, Water Heater
Basement: Yes
Exterior Features
Parking Information:
Parking: Outdoor Space, Inside Parking, Outside
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central, Other
Cooling: Central Air
School Info
Assigned Schools Information:
Central High School, Public District Grades 9-12
Nathan Hale High School, Public District Grades 9-12
West Milwaukee Intermediate School, Public District Grades 6-8
Longfellow Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: 60th Street to Lincoln Ave. West to property
Municipality:
West Allis
Price Information
Listing Price Info
Price Summary:
List Price: $380,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in West Allis, WI.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/3/2024, 4:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,964
Per Month
Principal & Interest
$1,897
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,206
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Longfellow Elementary School
2211 S 60th St
Distance between this listing and this school0.08 miles
Public District Grades PK-5
Middle School
2
/10
West Milwaukee Intermediate School
5104 W Greenfield Ave
Distance between this listing and this school1.13 miles
Public District Grades 6-8
High School
2
/10
Central High School
8516 W Lincoln Ave
Distance between this listing and this school1.59 miles
Public District Grades 9-12
2
/10
Nathan Hale High School
11601 W Lincoln Ave
Distance between this listing and this school3.45 miles
Public District Grades 9-12
Assigned Schools
4
/10
Longfellow Elementary School
2211 S 60th St
Distance between this listing and this school0.08 miles
Public District Grades PK-5
Nearby Schools
2
/10
Milwaukee Spanish Immersion
2765 S 55th St
Distance between this listing and this school0.67 miles
Public District Grades PK-5
4
/10
Horace Mann Elementary School
6213 W Lapham St
Distance between this listing and this school0.73 miles
Public District Grades PK-5
Assigned Schools
2
/10
West Milwaukee Intermediate School
5104 W Greenfield Ave
Distance between this listing and this school1.13 miles
Public District Grades 6-8
Nearby Schools
5
/10
Fairview Elementary School
6500 W Kk River Pkwy # P
Distance between this listing and this school0.86 miles
Public Charter Grades PK-8
2
/10
Manitoba Elementary School
4040 W Forest Home Ave
Distance between this listing and this school1.38 miles
Public District Grades PK-8
Assigned Schools
2
/10
Central High School
8516 W Lincoln Ave
Distance between this listing and this school1.59 miles
Public District Grades 9-12
2
/10
Nathan Hale High School
11601 W Lincoln Ave
Distance between this listing and this school3.45 miles
Public District Grades 9-12
Nearby Schools
2
/10
West Allis-West Milwaukee Learning Center
1135 S 70th St
Distance between this listing and this school1.31 miles
The neighbors living near this home have an average income of $55,147. The majority of West Allis, WI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 6014 W Lincoln Ave Unit 6016 in West Allis, WI and zip code 53219. This home, which was built in 1860, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $380,000.
Over 50 listings were sold over their listed price in May 2024 in West Allis, WI. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. Between April 2024 and May 2024, West Allis, WI real estate market has seen increase in the number of listings by 8.9%.
From Rocket Homes Real Estate and based on county public records data.