Property Details

This property at 1511 E Royall Place in Milwaukee, WI, is a 3-story, 11-bedroom, 2.5-bathroom building with a 90% occupancy rate, asking $315,000 with an ARV of $650,000. The monthly rental income totals $6,550, while monthly expenses are $2,356.77. Estimated renovation costs range from $100,000 to $200,000 depending on the approach.

Address

1511 E Royall Pl

City

Milwaukee

State

Wisconsin

Zipcode

53202

Property Sqft

3758

Lot size

Bedrooms

11

Bathrooms

3

Year Built

1890

Status

Sold

Sold

Sold

Repair & ARV

Renovation cost estimate: $100,000 - $200,000 depending on strategy

ARV: $635,000 - $725,000

Rent & Expenses

Unit B: $550

Unit 1: $625

Unit 2: $625

Unit 3: $625

Unit 4: $500

Unit 5: $400

Unit 6: $625

Unit 7: $625

Unit 8: $625

Unit 9: $400

Unit 10: $700

Unit 10A: $400

Total: $6,550

Taxes: $740.77

Water: $125

Electricity: $416

Insurance: $175

Cleaning: $400

Maintenance: $500

Total: $2,356.77

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Royall Pl

Ali Mortada

PD

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