2992 S Clement Ave, Milwaukee, WI 53207 $874,900

2992 S Clement Ave, Milwaukee 5 Units $874,900 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 5
  • Unit Type 1 # of Units: 1
  • Unit Type 1 Avg Rent: $1
  • Unit Type 2 # of Units: 1
  • Unit Type 2 Avg Rent: $1
  • Unit Type 3 # of Units: 1
  • Unit Type 3 Avg Rent: $1
  • Unit Type 4 # of Units: 1
  • Unit Type 4 Avg Rent: $1
  • Inside Parking: 2
  • Outside Parking: 6
  • Est. Year Built: 1897
  • Est. Acreage: 0.15
  • School District: Milwaukee
  • County: Milwaukee
  • Property Taxes: $10,364
  • Property Tax Year: 2023
  • Postal Municipality: Milwaukee
  • MLS#: 1890115
  • Listing Company: Keller Williams Realty-Milwaukee North Shore
  • Zip Code: 53207

2992 S Clement Ave, Milwaukee, WI 53207 - INCREDIBLE BAY VIEW LOCATION with this Super Rare 5-Unit Property - Now Available! This Building Offers (3) 2 BR Units, (1) 1 BR Unit & (1) Studio Unit - Formerly a Barber Shop! Tons of Character, Charm & Great Updates Throughout this Turnkey Property. All 5 Units are Currently Being Rented via AirBNB - mainly longer-term bookings. 2023 AirBNB Income Nearly hit 100K, with 2024 YTD thru July at 64K Per Seller. Recent Improvements Include: New Roof, New Boiler, New Windows in 4 of 5 Units, Multiple Unit Renovations & More. So Many Investment Options with this Building - Keep the AirBNB bookings going, or Rent the Units to Long-Term Tenants...? Such a Great Location - Across the Street from Tenutas, Close to the Lake & So Much of What Makes Bay View such a Wonderful Neighborhood.

Additional Features
  • Block, Brick, Full, Laundry Facilities
  • Heating/Cooling: Hot Water/Steam
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: (5) Refrigerators, (5) Oven/Ranges, (5) Microwaves, (3) Washers, (3) Dryers, (8) Window A/C Units
  • Other
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1890115 Sep 26 2024 10:14AM $874,900 $899,000 33
1890115 Active Delayed Sep 5 2024 2:17AM 33
1890115 Delayed Sep 2 2024 3:32PM $899,000 33
1478807 Sold Pending Aug 2 2016 12:00AM $407,500 13
1478807 Pending ActiveWO Jul 26 2016 4:19PM 13
1478807 ActiveWO Active Jun 11 2016 3:10PM 13
1478807 Active May 30 2016 8:56AM $425,000 13

Estimated Monthly Payment

$3,287 per month
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