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$ 775,000
Est. payment | /mo
5,894 SqFt
$ 775,000
Est. payment | /mo
5,894 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,894 sqft
Price per Sqft $131
MLS Listing ID 1934859
Year Built 1889
Annual Tax Amount $16,252
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
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 Brick, Full
Interior
Heating Natural Gas
Inclusions Appliances that are onsite. Coin operated washer and dryer! Washer and Dryer units bring in an extra couple hundred dollars per month in revenue.
Equipment Seller Owned: Dryer, Seller Owned: Washer
Exterior
Exterior Feature Brick/Stone, Brick
Parking Features Indoor Space
Building
Dwelling Type Rooming House
Story 3 - 4
Sewer Municipal Water
New Construction N
Schools
School District Milwaukee
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Listed by Sam Leaf