Investment Overview

Marcus and Millichap is pleased to present 2301 West Michigan Street in the City of Milwaukee, Milwaukee County, Wisconsin. The property comprises a 0.09 acre parcel improved with a 5-unit apartment building. It was constructed in 1892 and contains 3,704 square feet (per assessor’s records). The building has a vinyl sided exterior and pitched roof with composition shingle covering. The windows are newer, vinyl-clad, slide-by combination units. The apartment building comprises (2) 1-Bedroom/1 Bath units, (2) 2-Bedroom/1 Bath units, and (1) 4-Bedroom/1 Bath unit. All kitchen cabinets have been replaced. A refrigerator, stove, and dishwasher are provided to each unit. Each unit has its own gas-fired furnace and central air conditioner. There are also individual electric water heaters. The electric services have been updated. The basement has an unfinished laundry area with one coin-operated washer and one coin-operated dryer. The property owner is responsible for common area electric, gas and the water/sewer expense. The tenants are responsible for their own electric and gas. There are 8 tandem surface parking spaces on asphalt paving. The property is located within walking distance to Marquette University. Marquette University is located near the heart of downtown Milwaukee. The University offers a comprehensive range of majors in 11 nationally and internationally recognized colleges and schools. Marquette University's 11 colleges and schools deliver nationally recognized programs for undergraduates, graduate and professional students, and working professionals. For prospective undergraduate students, Marquette offers 83 majors and 80 minors, as well as pre-professional programs in dentistry, law and medicine. For postgraduate students, Marquette offers 66 doctoral and master's degree programs, 18 graduate certificate programs, School of Dentistry, and Law School.