WI > Milwaukee
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
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Daniel Bertelson

Daniel Bertelson

+1(608) 218-4460
$ 815,000
Est. payment | /mo

3,484 Sqft Lot

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$ 815,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1916719

Year Built 1889

Annual Tax Amount $16,252

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Property Description

19-unit Rooming house that has potential to produce over $10k per month in gross income. Fantastic Eastside location close to Brady Street and public transit. Most rooms have their own private kitchen. 3 Garage parking Spaces, 3 outdoor parking spaces. The property has been run as a licensed rooming house since the 1960s. Currently, still being run as a rooming house. Management has retired and ownership is looking to sell. City has property assessed at $1,186,700. Create equity right away!

Location

State WI

County Milwaukee

Zoning RM7

Rooms

Basement Block, Full

Interior

Heating Natural Gas

Inclusions Appliances that are onsite. Coin operated washer and dryer! Bring in an extra couple hundred dollars per month in revenue.

Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater

Exterior

Exterior Feature Brick/Stone, Brick, Stone, Wood

Parking Features Indoor Space

Building

Dwelling Type Rooming House

Sewer Municipal Water

New Construction N

Schools

School District Milwaukee

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Listed by Sam Leaf
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+1(608) 218-4460

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5320 Monona Drive, Monona, WI, 53716, United States

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1502 E Royall PLACE