WI > Milwaukee
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
Milwaukee, WI 53202,1502 E Royall PLACE
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Listed by Sam Leaf • Sam Leaf
$785,000
Est. payment /mo
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3,484 Sqft Lot
Active

1502 E Royall PLACE Milwaukee, WI 53202

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O'Connor Realty Group

O'Connor Realty Group

+1(715) 823-5144

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality MILWAUKEE

MLS Listing ID 1916719

Year Built 1889

Building Age 21+ Years

Annual Tax Amount $16,252

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

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 Block, Full

Interior

Heating Natural Gas

Inclusions Appliances that are onsite. Coin operated washer and dryer! Bring in an extra couple hundred dollars per month in revenue.

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

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

Exterior

Parking Features Indoor Space

Building

Dwelling Type Rooming House

Sewer Municipal Water

Structure Type Brick/Stone,Brick,Stone,Wood

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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