1503-1515 E Kane Pl
Milwaukee, WI 53202
Immeuble residentiel Propriété À vendre · 40 Unités

Marcus and Millichap is pleased to present Kane Place Apartments at 1503-1515 E. Kane Place in the city of Milwaukee. The property comprises a 0.21-acre parcel improved with a 40-unit apartment building. It was constructed in 1896 and contains 17,510 square feet (per assessor's records). The building has a brick exterior, flat roof with rubber membrane covering (per owner), and double hung combination windows. There is a basement laundry room, which houses leased washers and leased dr yers. The fully leased apartment building comprises (30) thirty studio/efficiency units and (10) ten 1-bedroom units. The studio/efficiency units have a variety of layouts. A refrigerator and stove are provided to each unit. Most units feature hardwood flooring.
The rubber membrane roof covering was replaced 3 years ago (per owner). The boiler was replaced 10 years ago (per owner). One water heater was replaced 4-5 years ago. The electric ser vice has been updated.
Approximately half of the windows have been replaced with vinyl-clad, double hung, combination units.
Each tenant pays for their own electric and reimburses for water/sewer and trash removal. The owner is responsible for common area electric and gas (heat and hot water). There is street parking available.