Milwaukee Multi Family

Multi-Family Investment Properties for sale in Milwaukee, WI.

1502 E Royall Pl, Milwaukee, WI.

19 Units / $815,000


Listing Office: Sam Leaf


1502 E Royall Pl in Milwaukee, WI.


$815,000 / 19 Units / Built in 1889


19-unit Rooming house that has potential to produce over $10k per month in gross income. Fantastic Eastside location close to Brady Street and public transit. Most rooms have their own private kitchen. 3 Garage parking Spaces, 3 outdoor parking spaces. The property has been run as a licensed rooming house since the 1960s. Currently, still being run as a rooming house. Management has retired and ownership is looking to sell. City has property assessed at $1,186,700. Create equity right away!



1502 E Royall Pl Milwaukee, WI.

Listing #1916719 Details

Property Type:Rooming House
List Price:$815,000
Taxes:$16,252
Tax Year:2024
Year Built:1889
Zoning: RM7
Lot Size:
Total Units: 19
# Stories:3-4 Stories
Exterior: Brick,Stone,Wood
Roofing
Garage / Parking: Indoor Space,Near Public Transit,Outdoor Space
Basement: Block,Full
Heating / Cooling: Natural Gas
Water / Waste:Municipal Water



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Milwaukee Multi Family
Presented by Milwaukee Realty, Inc.
Investment Real Estate
1437 N. Prospect Ave. Milwaukee, WI.
414-224-7200

 

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