3217 W Wells St, Milwaukee, WI 53208

3217 W Wells St, Milwaukee, WI 53208
Photo 1 of 10
$100,100
Sold on 11/17/23
Beds Baths Sq. Ft. Taxes Built
0 $4,032 1906
On the market: 18 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Ryan Stefaniak, The Stefaniak Group, LLC