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6805 W Lloyd St Wauwatosa WI 53213

Updated: Nov 22, 2019

1 Bed 1 Bath 660 SqFt Lot 6,970 SqFt Built 1925 Rent $1050

Great Investment For Cash Flow!

Asking Price: $128,000

Market Value: $151,900 which has increased by $13,623 in the last 30 days.

Tax Value: $102,000

This lovely Ranch home is a great investment for a smart investor with the right resources. It’ll be great for an add-on or new construction. This beautiful home is located Milwaukee and has a nice lot size and great neighborhood. It’s very close to Washington Highlands and Washington Heights Neighborhood .

Rehab Needed

It could use some cosmetics and new roof. Half the roof was tore off and replaced 5 years ago and other half never done.

Bad thing about it is, it is small with 1 bed 1 bath 660 sq ft home. Good starter home to add rooms later or fix and flip it after adding rooms on this huge lot. Build up or out for expansion. The comps for 2 & 3 bedrooms go for $265k - $340k. It could use some tiny little house ideas for storage.

This great tenant occupied home, sits on a huge 6,970 square foot lot in the heart of Wauwatosa. Close to North Ave and Menomonee River Parkway. Zoning code: R2. The closest grocery stores are Meite African Hair Braiding, Outpost Natural Foods and Metro Market. Nearby coffee shops include Cranky Al's, Cranky Al's Bakery & Pizza and Rocket Baby Bakery. Nearby restaurants include Red Dot, Bel Air Cantina and Subway. Nearby schools include Washington Elementary School, Longfellow Middle School and East High School, Mercy Academy.

Cash Flow / Monthly Income!

Monthly Rent is presently at $630/mo. (Potential for higher rental rate to $850-$900)

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