2992 South Clement Avenue

Milwaukee, WI 53207

$899,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by Nicholas L Fetting • Keller Williams Realty-Milwaukee North Shore

Property Details for 2992 South Clement Avenue

Zoning
RM5
Municipal Code
Milwaukee
LISTING UPDATED: 09/09/2024 10:13 AM

Property Details for 2992 South Clement Avenue

StatusActive
MLS #1890115
Days on Market18
Taxes$10,365 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Family / Other
Year Built1897
Lot Size0.15 AC / 6,534 SF
CountyMilwaukee County

Building Information for 2992 South Clement Avenue

Stories-Residences4Year Built1897Lot Size0.15 AC / 6,534 SF

Property Information for 2992 South Clement Avenue

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Milwaukee
  • Zip Code: 53207
  • Geo Lat: 42.989861
  • Geo Lon: -87.89398
  • Agent Remarks: Oklahoma AVE to S Clement AVE. North on S Clement AVE to Property.
Taxes and HOA Information
  • Taxes: $10,364.59
  • Tax Year: 2023
School Information
  • School District: Milwaukee
Parking
  • Garage Parking: Near Public Transit, Outdoor Space
  • Parking Inside: 2.0
  • Parking Outside: 6.0
Property
Lot Information
  • Year Built Numeric: 1897
  • Acres Source: Public Records
  • Source Est Yr Built: Other
  • Approx Acreage: 0.15
  • Type: Other
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Partial-Wood, Vinyl
Interior Features
  • Basement Features: Block, Brick, Full, Laundry Facilities
  • Heating/Cooling: Hot Water/Steam
Multi Family
Multi-Family Information
  • Total Units: 5
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 1.0
  • 1st Type Unit: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Furnished, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #1: Not Available
Unit 2
  • Unit Info: # Of Units Type #2: 1.0
  • 2nd Type Unit: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Furnished, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #2: Not Available
Unit 3
  • Unit Info: # Of Units Type #3: 1.0
  • 3rd Type Unit: 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Furnished, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #3: Not Available
Unit 4
  • Unit Info: # Of Units Type #4: 1.0
  • 4th Type Unit: 1 Bath, 1 Bedroom, Cable TV Available, Furnished, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #4: Not Available

Property History for 2992 South Clement Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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2992 South Clement Avenue is for sale in Milwaukee, WI 53207. This property was listed for sale on September 2, 2024 by Keller Williams Realty-Milwaukee North Shore, it's currently listed at $899,000. It has been on the market for a total of 18 days and was last sold on August 2, 2016. This listing's school district is Milwaukee School District. Nearby schools include Milwaukee Spanish Immersion School, Elm Creative Arts Elementary School and La Escuela Fratney. 2992 South Clement Avenue is a 0-bed, 0-bath, built in 1897.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Milwaukee North Shore

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/09/2024 10:13 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved