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Description of this photo: We worked liked crazy to present this wonderful old property at its best. Take a look at the ad and slideshow to see more photos. It's really a beauty.Listing title: Perfect Owner Occupied Duplex - Read more to find out WHY!
Asking Price: $189,900
Location: 4342 S. Howell Ave - near Airport, close to Bayvie
City: Milwaukee
State/Province: Wisconsin
Country: US
Type: House
Perfect Owner Occupied Duplex - Read more to find out WHY it's a great DEAL
4342 S. Howell Avenue
OPEN HOUSE SUNDAY November 16th from 1 to 4pm
or call TODAY 414-455-1405
or email us through Craigslist
Conventional loans are available for owner occupied duplexes - they are treated as a single family home in terms of mortgages and down payments. Low interest loans are still available for FIRST TIME home buyers through FHA. The minimum downpayment is still as low as 3% for qualified borrowers - but only until the end of the year. It will increase to 3.5% as of January 2009. Here's a link to get you started on the research: Interest.com mortgage info and
more info
Plus, there is help for vets: Wisconsin DVA
Live in one unit and rent out the other to cover most of your mortgage
This duplex was once a single family house - convert it back when you saved enough cash and you have a large two storey home without having to sell and move again.
This duplex NEEDS NOTHING - all the TLC has been put into it over the years. It is in move-in and relax condition.
- Inside is freshly painted top to bottom
- All major appliances are included
- 2005 new furnaces
- Clean, bright basement (not creepy like some)
- 11' x 22' Dry storage room in basement
- 2002 complete tear-off roof
- 2007 new carpet upper unit
- new storm windows
The years we've lived here we've found it to be such a convenient location.
- Bus stop 1/2 block
- Airport & Amtrack 5 minutes
- Freeway 5 minutes
- Friendly, honest mechanic (next door)
- Library, schools, churches, groceries, hardware, home improvement 5 minutes or less
- Restaurants and lunch spots in walking distance
Many freebies come with it (owner is downsizing & moving out of state)
- gardening & lawn equipment
- patio table, chairs, lawn chairs
- dehumidifier
- tools & matching paint
- 2 window air conditioners for upper unit
EASY to rent upper - it has never gone unoccupied (that means no loss of income for you). Rented at $550 for years, could be raised to $600-650.
Lower is the owner's unit and could be rented for around $700, maybe more.
MORE amenities:
- separate utilities
- 2.5 detached garage
- car turnaround so no backing out onto street
- private entrances
- central AC in lower unit
- safe, stable neighborhood
- extra large lot (not squeezed in)
Here's a link to all the details of this excellent duplex: 4342 S. Howell and a link to a SLIDE SHOW
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Wisconsin, US Real Estate For Sale