1673 S 9th Street, Milwaukee

$8,000,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

The Alexander Lofts, conveniently located on downtown Milwaukee’s historic Mitchell Street, consists of 60 one- and two-bedroom units. This nine-block stretch of Mitchell Street is designated as architecturally and historically significant by the City of Milwaukee. The lofts are situated close to restaurants, shopping, art, Lake Michigan, city parks, and the business district. The project consists of a primary five story building plus basement comprised of 52 residential units, laundry facility, leasing office, workout facility, and resident storage. This building was formerly the Hills Department Store, then an office building before being completely transformed for its current residential use in 2017. Includes 70 gated, lighted parking spots and a 4200 sq ft unfinished space.

Berkshire Hathaway HomeServices True Realty.

Essential Information
Status Active
Detailed Status Active
Days on Market 246
MLS® # 1953764
Price $8,000,000
Year Built 1919
Type Multi Family
Assessed Value $5,189,500
Year Assesed 2022
Net Taxes $125,606
Tax Year 2022
Total Income $978,750
Total Expenses $468,038
Net OP Income $510,711
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557,558
Exterior Brick/Stone
Community Information
Address 1673 S 9th Street
MLS® Area OTHER IN WI
City Milwaukee
County Milwaukee
State WI
Zip Code 53204
School Information
Property Overview
1 Bedroom Units 37
2 Bedroom Units 23
Total Units 60
# of Furnaces 37
# of Water Heaters 60
Heat Fuel Natural Gas
# of Stoves 60
# of Refrigerators 62
# of Dishwashers 16
Units with AC 60
# of Washers 16
# of Dryers 16
Unit 1 Details
# of Bedrooms 1
# of Full Baths 1
Lease Expires 12/31/2023
Monthly Rent $1,187
Square Feet 751
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 1
# of Full Baths 1
# of Half Baths 1
Lease Expires 12/31/2023
Monthly Rent $1,357
Square Feet 756
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires 12/31/2023
Monthly Rent $1,506
Square Feet 976
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning LB2
Barrier Free Ramped or level entrance
Short Sale No
REO / Bank Owned No
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Data provided by the South Central Wisconsin MLS as of 03/03/2024.

Copyright 2024 – (South Central Wisconsin MLS) – All Rights Reserved

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