2962 Delaware Ave Milwaukee, WI 53207
- Commercial real estate
- 3,455 SF
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2962 Delaware Ave
- Year built
- 1915
- Lot size
- 0.08 lot acres
- Property size
- 3,455 SF
- Property type
- Commercial real estate
- APN
- 5030935000
Description
Investors, seize this exceptional opportunity to acquire a fully furnished, three-unit apartment building in Milwaukee's desirable Bayview neighborhood. This Class B property, built in 1915, boasts 3,455 square feet on a 0.08-acre lot (APN: 5030935000) and is zoned for residential use. Currently operating as successful Airbnbs with bookings extending into October, this triplex offers immediate income potential. The property includes a four-bedroom unit, a three-bedroom unit, and a one-bedroom unit, each featuring a full bathroom and private washer/dryer. Recent updates have been completed throughout. A fully fenced backyard/patio and a 2.5-car garage provide ample outdoor space and off-street parking. Its prime location places it within easy reach of the lakefront, South Shore Park, and all the amenities Bayview offers. The asking price is $609,000, translating to $179 per square foot. This turnkey investment presents a unique chance to continue operating as short-term rentals or transition to long-term rentals. Detailed renovation records are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.8807868
- Latitude
- 42.9902868
