Sign in
2848 W Wisconsin Ave 730 N 29TH, Milwaukee, WI 53208 $3,790,000
Features of 2848 W Wisconsin Ave 730 N 29TH, Milwaukee, WI 53208
WI > Milwaukee > Milwaukee > 2848 W Wisconsin Ave 730 N 29TH
- Multi-Family
- Status: Active
- Total Number of Units: 63
- Unit Type 1 # of Units: 60
- Unit Type 1 Avg Rent: $654
- Unit Type 2 # of Units: 3
- Unit Type 2 Avg Rent: $850
- Inside Parking: 34
- Est. Square Footage: 41,706
- Est. Year Built: 1962
- Est. Acreage: 0.5
- HOA Fees: 0
- School District: Milwaukee
- County: Milwaukee
- Property Taxes: $33,663
- Property Tax Year: 2023
- Postal Municipality: Milwaukee
- MLS#: 1887663
- Listing Company: RE/MAX Service First
- Price/SqFt: $90
- Zip Code: 53208
Property Description for 2848 W Wisconsin Ave 730 N 29TH, Milwaukee, WI 53208
2848 W Wisconsin Ave 730 N 29TH, Milwaukee, WI 53208 - TWO BRICK BUILDINGS on 2 tax keys, total 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.
Basement
- Laundry Facilities
Interior Features
- Heating/Cooling: Hot Water/Steam, Natural Gas
- Water Waste: Municipal Sewer, Municipal Water
- Inclusions: 63 stoves, 63 refrigerators.
Building and Construction
- Apartment Building
Land Features
- Waterfront/Access: N
- Lot Description: 81'x149' and 79'x125'
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
| 1887663 | Active | Aug 14 2024 1:02AM | $3,790,000 | 57 |
Contact Shorewest
1.800.434.7350
Community Homes Near 2848 W Wisconsin Ave 730 N 29TH
| Milwaukee Real Estate | 53208 Real Estate |
|---|---|
| Milwaukee Vacant Land Real Estate | 53208 Vacant Land Real Estate |
| Milwaukee Foreclosures | 53208 Foreclosures |
| Milwaukee Single-Family Homes | 53208 Single-Family Homes |
| Milwaukee Condominiums |
The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
REALTOR *MLS* Equal Housing Opportunity