Time Capsule c.1928 Wisconsin Duplex For Sale Under $190K

OHU50K Notes   $189,900

What a terrific time capsule! Take a look at the hardwood floors, fabulous windows, unpainted windows, fireplace, coved ceilings and so much more!

Realtor Comments

Great turnkey duplex in the Saint Joseph neighborhood, perfect for investors or owner-occupants! This property features 2 bedrooms in each unit, with one unit already rented at $950/month, providing immediate income potential. The lower unit is currently vacant, offering flexibility to move in or add an additional tenant for increased rental income. The brick exterior offers low maintenance, and the 2-car garage adds convenience. The lower unit also includes a partially finished basement for extra living space. A fantastic opportunity to start the year by adding this solid property to your portfolio or enjoying supplemental mortgage payments. Don’t miss out on this versatile investment!

• 4,792 sqft lot
• Build date 1928

 

• Contact Realtor: Don Powers – eXp Realty, LLC
• Google Map
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Location of This Wisconsin Duplex For Sale

Lenox Heights is a neighborhood in Milwaukee, Wisconsin, offering a blend of urban and suburban living.

Pros:

• Urban-Suburban Mix: Residents experience a combination of urban and suburban lifestyles, with access to various bars and parks.
• Diverse and Friendly Community: The neighborhood is known for its diversity and friendly atmosphere, with residents often engaging in community activities like dog walking.
• Proximity to Amenities: Lenox Heights offers convenient access to everyday amenities, making it a pedestrian-friendly area.
• Affordable Housing: The median real estate price in Lenox Heights is approximately $303,500, which is more affordable compared to some other neighborhoods in Wisconsin.

Cons:

• Safety Concerns: While some sources indicate low crime rates, others suggest that Lenox Heights has a high overall crime rate, ranking 162 out of 182 neighborhoods in Milwaukee.
• Proximity to High-Crime Areas: Residents note that while Lenox Heights itself may feel safe, its closeness to higher-crime neighborhoods can lead to occasional spillover incidents.
• Rental Properties: An increase in rental properties, with most residents renting their homes, may affect neighborhood stability and community engagement.
• Aging Housing Stock: Many residences in Lenox Heights are older, built between 1940 and 1969, which might require maintenance and updates.