3217 W Wells Street

3217 West Wells STREET, Milwaukee, WI 53208

$100,100

17-unit rooming house. 3-story brick building. Long term owner looking to retire. New roof 2015. New gutters and trim 2016. Basement work completed 2019 - paperwork on file in MLS. 3 bathrooms: one on each floor. Hot water heater is leased at $79/month. Scheduled gross income (90% occupancy) $83,500. 8 active tenants at this time. Gross income $43,320. Expenses $23,069. Net operating income $20,251 (Income & expenses are not verified). 17 rooms plus one community kitchen which is room #17. Room #1 is currently being used as a community room. Seller looking to cash out.

5,000 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Area & Lot

Status Sold
Living Area5,000 Sq.Ft.
Lot Area6,534 Sq.Ft.
MLS® ID1856001
TypeMulti-Family
YEAR BUILT1906
School DistrictMilwaukee

Exterior

water SourcePublic
HEAT TYPENatural Gas, Hot Water, Steam
sewerPublic Sewer

Financial

Sales Price$100,100
Real Estate Tax $4,032/yr
Zoning RT3

Work With Us

If you're planning to sell or buy your home in the next few months, nothing is more important than knowing the current market value. We would love to help you. We will use comparable sold listings and our expertise of the area to help you determine today's market value of your home.

Contact Details

THE STEFANIAK GROUP

Phone

(414) 541-2500

[email protected]

Address

2234 S 108th St Milwaukee WI

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3217 W Wells Street

$100,100

Ryan Stefaniak

Features & Amenities

Area & Lot

Exterior

Financial

Work With Us

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