2992 South Clement Avenue
$899,000
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Description
INCREDIBLE BAY VIEW LOCATION with this Super Rare 5-Unit Property - Now Available! This Building Offers (3) 2 BR Units, (1) 1 BR Unit & (1) Studio Unit - Formerly a Barber Shop! Tons of Character, Charm & Great Updates Throughout this Turnkey Property. All 5 Units are Currently Being Rented via AirBNB - mainly longer-term bookings. 2023 AirBNB Income Nearly hit 100K, with 2024 YTD thru July at 64K Per Seller. Recent Improvements Include: New Roof, New Boiler, New Windows in 4 of 5 Units, Multiple...INCREDIBLE BAY VIEW LOCATION with this Super Rare 5-Unit Property - Now Available! This Building Offers (3) 2 BR Units, (1) 1 BR Unit & (1) Studio Unit - Formerly a Barber Shop! Tons of Character, Charm & Great Updates Throughout this Turnkey Property. All 5 Units are Currently Being Rented via AirBNB - mainly longer-term bookings. 2023 AirBNB Income Nearly hit 100K, with 2024 YTD thru July at 64K Per Seller. Recent Improvements Include: New Roof, New Boiler, New Windows in 4 of 5 Units, Multiple Unit Renovations & More. So Many Investment Options with this Building - Keep the AirBNB bookings going, or Rent the Units to Long-Term Tenants...? Such a Great Location - Across the Street from Tenutas, Close to the Lake & So Much of What Makes Bay View such a Wonderful Neighborhood.
- Listed by Nicholas L Fetting • Keller Williams Realty-Milwaukee North Shore
Property Details for 2992 South Clement Avenue
Zoning
RM5
Municipal CodeMilwaukee
LISTING UPDATED: 09/09/2024 10:13 AM
Property Details for 2992 South Clement Avenue
Status | Active |
---|---|
MLS # | 1890115 |
Days on Market | 18 |
Taxes | $10,365 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Multi-Family / Other |
Year Built | 1897 |
Lot Size | 0.15 AC / 6,534 SF |
County | Milwaukee County |
Building Information for 2992 South Clement Avenue
Stories-Residences4Year Built1897Lot Size0.15 AC / 6,534 SF
Property Information for 2992 South Clement Avenue
Property History for 2992 South Clement Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2992 South Clement Avenue
Taxable ValueLand$20,000Additions$397,700Total$417,700
Tax Record2023$10,365 ($864 / month)
Home Facts
Baths1Total Finished SqFt3,856 SqFtAbove Grade Finished SqFt3,856 SqFtStories2Lot Size6,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1897ZoningRM5CountyMILWAUKEEAPN504-0003-000
Schools near 2992 South Clement Avenue
This home is within Milwaukee School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Milwaukee Spanish Immersion School PublicPK to 5 | ||
Elm Creative Arts Elementary School PublicPK to 5 | ||
La Escuela Fratney PublicPK to 5 | ||
Humboldt Park School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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