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Milwaukee, WI 53208,2848 W Wisconsin AVENUE #730 N 29th
Milwaukee, WI 53208,2848 W Wisconsin AVENUE #730 N 29th
Milwaukee, WI 53208,2848 W Wisconsin AVENUE #730 N 29th
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Listed by Segal Goldman Realty Group* • RE/MAX Service First
$3,790,000
Est. payment /mo
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41,706 SqFt
Pending

2848 W Wisconsin AVENUE #730 N 29th Milwaukee, WI 53208

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O'Connor Realty Group

O'Connor Realty Group

O'Connor Realty Group

+1(715) 823-5144

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 41,706 sqft

Price per Sqft $90

Municipality MILWAUKEE

MLS Listing ID 1887663

Year Built 1962

Building Age 21+ Years

Annual Tax Amount $33,663

Tax Year 2023

Lot Size 0.500 Acres

Acres 0.5

Property Description

UNDER CONTRACT. TWO OCCUPIED BRICK BUILDINGS on 2 tax keys (388200800+3882005100). Secondary Offers Considered! 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.

Location

State WI

County Milwaukee

Zoning RM7 & RM6

Direction UNDER CONTRACT. Two buildings are at the north-east corner of W. Wisconsin Ave and N. 29th St. Addresses are 2848 W Wisconsin Av & 730 N 29th ST.

Rooms

Basement Laundry Facilities

Interior

Heating Natural Gas

Cooling Hot Water/Steam

Inclusions 63 stoves, 63 refrigerators.

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

Appliance Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater

Exterior

Parking Features Underground Garage

Building

Dwelling Type Apartment Building

Sewer Municipal Sewer, Municipal Water

Structure Type Brick/Stone,Brick

New Construction N

Schools

School District Milwaukee

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O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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