5161 North 56th Street

Milwaukee, WI 53218

$104,999
Price
1
Beds
1
Bath
1
1/2 Bath
995 Sq. Ft.
$106 / Sq. Ft.
995
Sq. Ft.
$106
per Sq. Ft.

Description

Introducing an exceptional investment opportunity in this captivating 2-bedroom, 1.5-bathroom home! Boasting a nearly-new furnace from 2022, alongside a spacious two-car garage offering ample storage, this property promises both functionality and convenience. Currently rented on a month-to-month lease at $950 a month, this presents a below-market value rent, ready for potential increase in rental income. The backyard space and deck offer boundless potential for outdoor enjoyment and relaxation. With...Introducing an exceptional investment opportunity in this captivating 2-bedroom, 1.5-bathroom home! Boasting a nearly-new furnace from 2022, alongside a spacious two-car garage offering ample storage, this property promises both functionality and convenience. Currently rented on a month-to-month lease at $950 a month, this presents a below-market value rent, ready for potential increase in rental income. The backyard space and deck offer boundless potential for outdoor enjoyment and relaxation. With its great features and value add potential, don't wait - seize the chance to capitalize on this investment opportunity today!

Listing Agents

  1. Jacob Barr

    Jacob Barr

    Listing Agent

    Compass

    jake.barr@compass.com

    P: 920.979.8347

Property Details for 5161 North 56th Street

Zoning
RS5
Municipal Code
Milwaukee
Architecture
Bungalow

Location

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LISTING UPDATED: 04/22/2024 09:45 PM

Property Details for 5161 North 56th Street

StatusActive
MLS #1869002
Days on Market25
Taxes$1,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family
Year Built1928
Lot Size0.16 AC / 6,969 SF
CountyMilwaukee County

Location

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Building Information for 5161 North 56th Street

Stories-Year Built1928Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$703 per month

30 year fixed, 7.25% Interest

Principal and Interest

$573

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5161 North 56th Street

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Milwaukee
  • Zip Code: 53218
  • Geo Lat: 43.11156
  • Geo Lon: -87.982857
Taxes and HOA Information
  • Taxes: $1,563.70
  • Tax Year: 2023
School Information
  • School District: Milwaukee
Parking
  • Garage Spaces: 3.0
  • Garage Type: Detached
  • Garage: Electric Door Opener
Property
Lot Information
  • Sq Ft Total: 995.0
  • Year Built Numeric: 1928
  • Lot Size: Public Records
  • Year Built Source: Public Records
  • Acres Source: Public Records
  • Approx Acreage: 0.16
  • Style: 1.5 Story
Property and Assessments
  • Property Type: A
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Other
Interior Features
  • Appliances: None
  • Basement Features: Full
  • Heat Fuel: Natural Gas
  • Heating & Cooling: Forced Air
  • Bedrooms Count: 1
  • Baths Full: 1
  • Num Half Baths: 1
  • Full Baths Main: 1.0
  • Half Baths Main: 1.0
Room Information
Room 1
  • Room Type: Living/Great Room
  • Dimensions: 14 x 14
  • Length: 14.0
  • Width: 14.0
  • Area: 196.0
Room 2
  • Room Type: Kitchen
  • Dimensions: 12 x 14
  • Length: 12.0
  • Width: 14.0
  • Area: 168.0
Room 3
  • Room Type: Master Bedroom
  • Dimensions: 12 x 14
  • Length: 12.0
  • Width: 14.0
  • Area: 168.0

Property History for 5161 North 56th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5161 North 56th Street

Taxable ValueLand$4,600Additions$64,600Total$69,200
Tax Record2022$1,648 ($137 / month)
Home Facts
Beds1Baths1Total Finished SqFt995 SqFtAbove Grade Finished SqFt995 SqFtStories1Lot Size7,280 SqFtStyleSingle Family ResidenceYear Built1928ZoningRS5CountyMILWAUKEEAPN210-0291-100

Schools near 5161 North 56th Street

This home is within Milwaukee School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Milwaukee German Immersion School
PublicPK to 5

Milwaukee French Immersion School
PublicPK to 5

La Escuela Fratney
PublicPK to 5

Hampton Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5161 North 56th Street is a single family home for sale in Milwaukee, WI 53218. This property was listed for sale on March 25, 2024 by Compass, it's currently listed at $104,999. It has been on the market for a total of 25 days and was last sold on April 4, 2022. This listing's school district is Milwaukee School District. Nearby schools include Milwaukee German Immersion School, Milwaukee French Immersion School and La Escuela Fratney. 5161 North 56th Street is a 1-bed, 1.5-bath, 995 sqft single family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/22/2024 09:45 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved