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$ 1,000,000
Est. payment | /mo
7,405 Sqft Lot
$ 1,000,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1969100
Year Built 1928
Annual Tax Amount $9,209
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Located on charming Palmer St in Brewer's Hill, this beautiful buildingfeatures 8 light-filled 1-BR units. 3 units have been renovated and feature updated finishes, SS appliances and 2 with in-unit laundry, showcasing the property's potential for continued value-add improvements. The remaining units are classic and rent well without updates. The hallways were recently repainted and new carpets were installed. Additional property improvements include a newer boiler system. The property also offers valuable tenant amenities, including off-street parking for 5 vehicles and dedicated storage lockers. This is a rare opportunity to acquire a well-maintained building in a sought-after neighborhood, offering a stable income, historic charm and future upside.
Location
State WI
County Milwaukee
Zoning RM4
Rooms
Basement Brick, Full, Poured Concrete
Interior
Cooling Hot Water/Steam
Inclusions 8 refrigerators, 8 stoves, 1 in-unit euro washer/dryer, 1 in-unit stackable washer/dryer, 1 common washer and 2 common dryers
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Brick/Stone, Brick
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
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Listed by Port & Bay Real Estate Co. LLC