$775,000

1502 E Royall PLACE #1504, Milwaukee, WI 53202

5,894 sqft

Multi-Family Home
Built in 1889
7,841sqft lot
—— car garage
$131/sqft
Listed 1 month ago

Property Description

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!

Listing Status:: Active
Listing Office:: Sam Leaf : 5074298042
Listing Agent:: Sam Leaf : 5074298042
MLS ID:: 804161062990

Appliances: Seller Owned: DryerSeller Owned: Washer
Basement: BrickFull

General: Brick/StoneBrick
Parking: Outdoor SpaceInside ParkingOutside

General: Rooming House

Originating MLS: WIREX_METRO
School District: Milwaukee
County: MILWAUKEE

Zoning: RM73550298000

Sewer: Municipal Water

Source: WIREX_METRO
Exclusions: Tenants and Owners personal property.

This listing courtesy of Sam Leaf, Sam Leaf

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cass Street Elementary School

1647 N Cass St, Milwaukee, WI, 53202

Grades PK-8

0.57 miles away

Cass Street Elementary School

1647 N Cass St, Milwaukee, WI, 53202

Grades PK-8

0.57 miles away

Riverside High School

1615 E Locust St, Milwaukee, WI, 53211

Grades 9-12

1.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.