$3,790,000
Active
62 Days Online
3 Beds2 Baths1,500 SQFT
Active
2848 W Wisconsin Ave, Unit 730 N 29th Milwaukee, WI 53208
TWO 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. FULLY OCCUPIED, and with a Resident Manager. 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 TypeMulti-Family
- NeighborhoodN/A
- CountyMilwaukee
- Taxes$33,663
- HOA/Condo/Coop Fees$0
- Days on Site62 Days
- MLS StatusActive
- MLS ID Number1887663
- Home Size Source N/A
- Year Built1962
- Lot Size0.5 Acres
- Full Baths2
- Partial BathsN/A
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Learn MoreRecent Activity For 2848 W Wisconsin Ave, Unit 730 N 29th Milwaukee, WI 53208
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