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Travis Hamele
travishamelebroker@chime.me$2,080,000
Est. payment /mo
10,882 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,882 sqft
Price per Sqft $191
MLS Listing ID 1942732
Year Built 1960
Annual Tax Amount $23,482
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Description
26 units, very nicely updated, completely occupied in the BLUE LIGHT DISTRICT of Marquette University. 2 adjacent buildings professionally managed and maintained. 944 is 18 studios fully remodeled to a high finish-level including new windows & individual heating/cooling units and on-site coin laundry. 950 is 8 units, 4 1-beds and and 4 studios, units are generously-sized. Each unit has been substantially-updated and the building is serviced by a central boiler system. Great candidate for Grad-Student housing. Rents are a bit low and the fix is simple - As with most Milwaukee submarkets, leases expire in spring/summer months, however MU prime leasing activity occurs in September. Both properties must be purchased as a package. Parking is limited.
Location
State WI
County Milwaukee
Zoning RM6
Rooms
Basement Block, Full
Interior
Heating Natural Gas
Cooling Hot Water/Steam, Individual Heating Units
Inclusions 26 refrigerator, 26 stove, on-site laundry.
Equipment Seller Owned: Dryer, Seller Owned: Washer
Exterior
Exterior Feature Brick/Stone, Brick
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
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Travis Hamele