Bought with Sam Leaf
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1502 E Royall Pl Unit 1504 Milwaukee, WI 53202
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Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1934859
Sold Date 01/12/26
Year Built 1889
Annual Tax Amount $16,252
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
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
Rooms
Basement Brick, Full
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Parking Features Indoor Space, Near Public Transit, Outdoor Space
Building
Water Municipal Water
Schools
School District Milwaukee
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