A small, light-green house with a brown roof and dark-green trim. A concrete path leads to the front door. Two windows flank the door.

Two Houses with Development Potential

$565,000
  • 3 Rooms
  • 2 Bathrooms
  • ~951.05 m² Total surface
  • ~99.22 m² Living area

Description

Prime investment opportunity! This centrally located property, situated right across from the scenic Milwaukee Trail and adjacent to the vibrant Sawmill District, features two homes on one lot—perfect for owner occupancy with rental income or future development. The existing two-bedroom, one-bath home and neighboring studio have a strong rental history, offering steady income potential. With infrastructure already in place, including water at the street and sewer stubs on the lot, this property holds incredible potential for redevelopment into six townhomes. The seller is even willing to include architectural plans to help bring your vision to life! Don't miss this unique opportunity for future potential.
Features
Basement
engel & völkers shop image

Engel & Völkers

Your advisor: Danni Moore

Property ID: AM-5066832

Property details
  • Object type

    Detached House

  • Condition

    Rehabilitation done

  • Rooms

    3

  • Bathrooms

    2

  • Total surface

    ~951.05 m²

  • Living area

    ~99.22 m²

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Western Frontier, LLC. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Western Frontier, LLC stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers

engel & völkers shop image

Provider:

Western Frontier, LLC

Privacy policy of content provider

License partner of Engel & Völkers Americas, Inc.

wavy pattern