See all 33 photos
33 photos
$1,175,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1917218
Year Built 1896
Annual Tax Amount $14,221
Tax Year 2024
Lot Size 2,178 Sqft
Property Description
Prime Milwaukee downtown multi family investment Opportunity for a 17 bedroom licensed rooming house. Blocks from the lake and downtown. This centrally located multifamily property features four spacious units/floors totaling 17 bedrooms and 7 bathrooms. The building is currently rented by the floor to tenants, but holds a rooming house license, allowing for flexibility to maximize income by leasing individual rooms. Each floor features dedicated central air and a common laundry facility is in the basement with dedicated sets of washer and dryer for each floor. Tenants pay utilities and renters insurance. Rooming house market rent is $600-700/bed. This is a rare opportunity to acquire a versatile, income-producing asset in a high-demand location with room to grow revenue!
Location
State WI
County Milwaukee
Zoning C9A(A)
Interior
Heating Natural Gas
Equipment Seller Owned: Dryer, Seller Owned: Washer
Exterior
Exterior Feature Brick/Stone, Brick
Parking Features None
Building
Story 3 - 4
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
Others
Special Listing Condition Arms Length
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Listed by SNSHN Realty LLC
Bought with Epique Realty
Bought with Epique Realty
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