2848 W Wisconsin
Milwaukee, WI. 53208

Listing Broker: RE/MAX Service First
Listing Broker Office #: (262) 287-9900
Showing Broker: Milwaukee Realty Inc. (414-975-9059)
Schedule Showing: 414-224-7200

$3,790,000   |   Beds   |   0 Baths   |   0 Sqft.                      
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Directions: 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.

Days on Market:
99
MLS #:
1887663
Listing Price:
$3,790,000
Taxes:
$33,663 in 2023
Lot Size:
0.50 acres
Number Units:
63
Total SQFT:
0 Square Feet
Price Per SQFT:
/ SQFT
# Rooms:
Rooms
Bedrooms:
Bedroom
Bathrooms:
Full + Half
Year Built:
1962
Garage Spaces:
0 Spaces
Garage Type:
Municipality:
in Milwaukee WI.
School District:
Milwaukee School District
County:
in Milwaukee County WI

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. 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.

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Listing Broker: RE/MAX Service First.
Offering Broker: Milwaukee Realty Inc.
Schedule Showing: 414-224-7200

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