Description
Two fully-occupied brick buildings on 2 tax keys (388200800+3882005100). total of 63 units in downtown milwaukee's avenues west neighborhood (opportunity zone #13500). consists of 2 three-story buildings at the corner of 29th & wisconsin. 60 of the units are one-bedroom, and 3 units are two-bedroom. this is a solid value-add opportunity because many rents are below market. features 34 underground parking spaces that are under-utilized. seller estimates 8.5 cap today, but 10.5 cap if owner keeps leasing new tenants at tested, successful higher market rent.
Property Type
Multi FamilyCounty
MilwaukeeStyle
Apartment BuildingAD ID
46633649
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Property Details
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Exterior Features
Building Information
- Year Built: 1962
Other Information
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Property / Lot Details
Lot Information
- Lot Dimensions: 81'x149' and 79'x125'
Property Information
- Est. Acreage: 1
- City: Milwaukee
- County: Milwaukee
- Direction: TWO BUILDINGS at the north-east corner of W. Wisconsin Ave and N. 29th St. Addresses are 2848 W Wisconsin Av & 730 N 29th ST.
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Listing Information
Listing Price Information
- Original List Price: $3,790,000
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Taxes / Assessments
Tax Information
- Annual Tax: $33,663
- Tax Year: 2023
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School, Utilities & Location Details
School Information
- School District: Milwaukee
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BuyOwner last updated this listing 12/18/2024 @ 01:56
- MLS: 1887663
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Wisconsin - Metro MLS
is a Multifamily, with 0 bedrooms which is for sale, it has 750 or less sqft, 1 sized lot, and Near Public Transit,Underground Garage parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Milwaukee , in zip code 53208, this Milwaukee County Multifamily and are nearby neighborhoods.