1502 E Royall Pl Unit 1504 Active

Milwaukee,WI 53202

$ 775000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1934859

Year Built 1889

Annual Tax Amount $16,252

Tax Year 2024

Lot Size 7,840 Sqft

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!

Location

State WI

County Milwaukee

Zoning RM7

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Brick

Parking Features Indoor Space,Near Public Transit,Outdoor Space

Building

Dwelling Type Rooming House

Water Municipal Water

Schools

School District Milwaukee

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