Unleash the full potential of this unique gem, where residential comfort meets commercial convenience! This mixed-use property seamlessly combines a spacious 4-bedroom, 2-bath residence with a well-appointed commercial space featuring two office suites, a receptionist area, a waiting room, and a convenient half bath. Updates: new furnace, electrical, hot water heater, basement center block windows, already demo and ready for your creative vision. This property could be owner occupied; with office space or turn this property into a 6 office space building with the potential for virtual office income. Come bring your creative ideas!
Property Details
Property Features
Property Information:
Year Built: 1924
Listing Office:
Office Name: Lannon Stone Realty LLC
Office Email: bobforman@lannonstonerealty.com
Listing Agent: Roxanne Hendon
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Attached Garage: No
Parking: None, Inside Parking, Outside
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas
School Info
Assigned Schools Information:
Whs Information Technology, Public District Grades 9-12
Milwaukee High School of The Arts, Public District Grades 9-12
Milwaukee School of Languages, Public District Grades 6-12
Franklin Elementary School, Public District Grades PK-8
Starms Discovery, Public District Grades 1-8
Roosevelt Middle School, Public District Grades 6-8
Fratney Elementary School, Public District Grades PK-5
Elm Creative Arts Elementary School, Public District Grades PK-5
Milwaukee French Immersion, Public District Grades PK-5
Other
Municipality:
Milwaukee
Price Information
Listing Price Info
Price Summary:
List Price: $199,999
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milwaukee, WI.
Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,066
Per Month
Principal & Interest
$999
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$666
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Fratney Elementary School
3255 N Fratney St
Distance between this listing and this school2.12 miles
Public District Grades PK-5
2
/10
Elm Creative Arts Elementary School
900 W Walnut St
Distance between this listing and this school2.65 miles
Public District Grades PK-5
4
/10
Milwaukee French Immersion
2360 N 52nd St
Distance between this listing and this school2.68 miles
Public District Grades PK-5
Middle School
4
/10
Franklin Elementary School
2308 W Nash St
Distance between this listing and this school0.32 miles
Public District Grades PK-8
5
/10
Starms Discovery
2035 N 25th St
Distance between this listing and this school2.26 miles
Public District Grades 1-8
3
/10
Roosevelt Middle School
800 W Walnut St
Distance between this listing and this school2.66 miles
Public District Grades 6-8
High School
1
/10
Whs Information Technology
2525 N Sherman Blvd
Distance between this listing and this school2.17 miles
Public District Grades 9-12
2
/10
Milwaukee High School of The Arts
2300 W Highland Ave
Distance between this listing and this school3.07 miles
Public District Grades 9-12
3
/10
Milwaukee School of Languages
8400 W Burleigh St
Distance between this listing and this school4.05 miles
Public District Grades 6-12
Assigned Schools
2
/10
Fratney Elementary School
3255 N Fratney St
Distance between this listing and this school2.12 miles
Public District Grades PK-5
2
/10
Elm Creative Arts Elementary School
900 W Walnut St
Distance between this listing and this school2.65 miles
Public District Grades PK-5
4
/10
Milwaukee French Immersion
2360 N 52nd St
Distance between this listing and this school2.68 miles
Public District Grades PK-5
Assigned Schools
4
/10
Franklin Elementary School
2308 W Nash St
Distance between this listing and this school0.32 miles
Public District Grades PK-8
5
/10
Starms Discovery
2035 N 25th St
Distance between this listing and this school2.26 miles
Public District Grades 1-8
3
/10
Roosevelt Middle School
800 W Walnut St
Distance between this listing and this school2.66 miles
Public District Grades 6-8
Assigned Schools
1
/10
Whs Information Technology
2525 N Sherman Blvd
Distance between this listing and this school2.17 miles
Public District Grades 9-12
2
/10
Milwaukee High School of The Arts
2300 W Highland Ave
Distance between this listing and this school3.07 miles
Public District Grades 9-12
3
/10
Milwaukee School of Languages
8400 W Burleigh St
Distance between this listing and this school4.05 miles
The neighbors living near this home have an average income of $23,514. Most Milwaukee, WI residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 2233 W Capitol Dr Unit 2231 in Milwaukee, WI and zip code 53206 in the Franklin Heights neighborhood. This home, which was built in 1924, sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $199,999.
Over 308 listings were sold over their listed price in April 2024 in Milwaukee, WI. In the same period over 142 listings were sold below the listed price and 77 listings were sold for the listed price. The inventory of homes for sale in Milwaukee, WI between March 2024 and April 2024 increased by 14.9%.
From Rocket Homes Real Estate and based on county public records data.