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City Real Estate E-newsletter  -  July 10, 2015

 

Celebrate your independence with a home of your own!

Celebrate Your Independence with a Home of Your Own!

Our great city comes alive and shines brightly each July in observance of Independence Day. Our parks and homes are filled with family and friends celebrating and watching fireworks together within our diverse neighborhoods. If you are seeking further independence, perhaps a home of your own with no landlord is right up your alley.

Homeownership plays a vital role in improving lives and communities. We can help you gain your independence and also realize that the American dream of homeownership is still alive and well, and can be achieved for less than you might think.

City Real Estate has already helped over 250 residents purchase a City-owned home this year, with 58% of those homes sold to owner-occupants. Meeting and exceeding our yearly sales goals brings millions of dollars in taxes back to the city and provides reduced costs for all taxpayers.

To get started on your path to independence, visit with us at the STRONG Neighborhoods booth at Garfield Avenue Fest on July 18, attend a monthly Homebuyer Orientation Session or read on to learn more about featured properties for sale and programs available to help you. There are also many new resources provided below to help you rehab your home and save money doing so. Don't miss out on these unique opportunities from our partners!


    EVENTS AND LEARNING OPPORTUNITIES


Visit us at Garfield Avenue Blues, Jazz & Gospel Festival

This "Family and Community Celebration" kicks off with a street festival featuring entertainment, informational booths and food vendors. Stop by for a chat with City Real Estate at the STRONG Neighborhoods booth to learn more about City-owned property for sale (residential, commercial, vacant lots) and learn more about incentives and forgivable loan programs offered from Neighborhood Improvement Development Corporation (NIDC).

WHEN: Saturday, July 18, noon to dusk
WHERE: Garfield Ave. (between N. Dr. Martin Luther King, Jr. Drive and N. 7th St.)

The festival is free and open to the public. We hope to see you there!


 


$20,000 forgivable loanLearn more at our Homebuyer Orientation Sessions

Attend the next session to learn more about the Homebuyer Assistance Program, which offers FREE assistance from a rehab specialist and up to $20,000 forgivable loans for the rehab of City-owned homes.

Tuesday, July 21, 6-7:30pm
Washington Park Library Community Room
2121 N. Sherman Blvd.

Click to Learn More

View program brochures to find out more about this exciting opportunity!  
English  Espańol
 


    STRONG NEIGHBORHOODS UPDATES

Compete Milwaukee

Compete Milwaukee Crew Helps Build Stronger Neighborhoods

A dozen transitional workers, hired through the Compete Milwaukee program, have formed a Property Monitoring Team to learn new skills and supplement the work of Real Estate staff members. The Team works closely with Milwaukee Community Service Corps to achieve higher-frequency inspections of City-owned properties in order to keep our neighborhoods looking good and make our properties more marketable to potential homeowners.

Approximately 125 Compete Milwaukee transitional workers have full-time, six-month positions and are assigned to work within DCD, the Department of Neighborhood Services, the Milwaukee Police Department, the Department of Public Works and the Port of Milwaukee. Funds to pay wages are provided by the State of Wisconsin and the City of Milwaukee.

The services of the Compete Milwaukee transitional workers are a welcome addition to the City of Milwaukee and provide another opportunity to build STRONGer neighborhoods together.

 


    RESIDENTIAL PROPERTIES FOR SALE


City Homes For SaleExtended Property Listing


City Real Estate has many homes for sale on the Extended Listing that are available to investors who want to earn rental income and owner-occupants. Investor owners must possess or obtain a Landlord Training Program certificate.

Home sales to owner-occupants qualify for the $500 Roots Landscaping Program Incentive for purchase of flowers, sod, grass seed, bushes, fencing, misc. or purchase of lawn care tools including lawnmowers, snowblowers, trimmers, tillers, shovels, rakes, etc. with priority given to the front yard.

City Real Estate will be posting more homes for sale soon, so watch for even more great Milwaukee neighborhood homes for sale!


 


Featured Single Family3330 South 20th Street

This home has a nice back yard with detached garage at alley. The property is also within walking distance to Hoyt Playfield and close to all of the shopping and amenities that S. 27th Street has to offer.

3330 S. 20th Street
1BR/1BA • Built 1943 • 609 SF
4,988 SF lot with detached garage

Purchase Price: $38,000
Est. Rehab Cost: $32,210

Property may also qualify for a $20,000 forgivable loan for rehab through the Homebuyer Assistance Program.

Shop our Extended Listing today!


 

Featured Duplex2335 North 4th Street

This attractive brick duplex is located in the Harambee neighborhood near North Avenue in the Bronzeville Cultural And Entertainment District.

2335 N. 4th Street
4BR/2BA  • Built 1880 • 2,472 SF  

Purchase Price: $9,000
Est. Rehab Cost: $32,185

Property may also qualify for a $20,000 forgivable loan for rehab through the Homebuyer Assistance Program.

Shop our Extended Listing today!


 

Featured Historic Home
+ Vacant Lot
2425 W. McKinley Ave.

Historic Tiefenthaler House
2425 W. McKinley Avenue

5BR/2BA • Built 1895 • 2,212 SF

Purchase Price: $11,500
Est. Rehab Cost: $48,230


Located in the Lynden Hill neighborhood, the house has a deep lot with a large parking slab at the alley. The house will also be sold with the corner lot adjacent and to the west.

This Queen Anne style home has had major exterior renovations including new roof, gutters, front and back porches, siding repair, full exterior paint job and sidewalks. The house has large rooms on the first floor and four bedrooms on the second floor for a total of 2,200 square feet of living space. A great house with an impressive history that awaits an owner to return it to its former glory.

Property may qualify for a $20,000 forgivable loan for rehab through the Homebuyer Assistance Program.

See this and more Historic Houses for sale online!

 

  
    COMMERICAL PROPERTIES FOR SALE

 


3774 S. 27th St.3774 South 27th Street
Asking Price: $815,000

Constructed in the mid 1800s, this Locally Designated Historic Building in the Southpoint Neighborhood has 4,381 SF. Retoration of building and additional new construction is required on the land.

Property will be shown on Tuesday, July 21, 2015 from 10-11am.

Proposals considered on a first-come, first-served basis. To complete this redevelopment, financial resources and incentives may be available from the City of Milwaukee such as façade grants, white box grants and retail investment funds. Business financing may also be available through our partner MEDC.

View more commercial properties for sale at: milwaukee.gov/CRE

 

 
    RESOURCES AND SPECIAL OFFERS


Shop for Rehab Materials

In conjunction with the City of Milwaukee, WasteCap has taken on large salvage and deconstruction initiatives in order to save materials from foreclosed homes and buildings ready to be razed. This work not only helps fight foreclosure issues in our city, but provides valuable employment and job training opportunities for City of Milwaukee residents and puts money back into the community.

Additionally, the warehouse gives the public the ability to find simple building materials all the way to hard-to-find architectural materials such as hardwood floor, lumber, stained glass windows, light fixtures, heating vents, doors, windows and other high-end deconstruction materials from private projects.

The Public Opening Week Sale begins on Tuesday, July 15 and ends on Saturday, July 18. Sales will be increasing every day starting with a 20% discount on the 15th, 30% on the 16th, 40% the 17th and 50% off the 18th! View WasteCap's website for more info.
 




2015 MMSD Water Saving Toilets for $50 & $75

Save up to 16,000 gallons of water a year over older, less efficient toilets through the Milwaukee Metropolitan Sewerage District’s (MMSD) toilet rebate program, a simple way to conserve money, water, and energy.

The rebate is instant at checkout and available to all MMSD customers while supplies last. There are two models of 1.28-gallon toilets to select from which are commercial grade toilets produced by Zurn. Selections to pick from include a round bowl (regular height) and an elongated bowl (comfort height).

  • No coupon or rebate form is necessary
  • Discounted toilets are only available at Ferguson Bath, Kitchen and Lighting Gallery, 2030 South 116th Street, West Allis, Wisconsin
  • Sales are limited to two toilets per customer and no more than two per household, while supplies last
  • Proof of residency is required

Program runs August 1, 2015 through August 31, 2015, or until supplies run out. 


 

Housing Resource GuideRevised Housing Resource Guide Now Online

From duplexes to bungalows, old Victorians
to new single family construction, there is a house in Milwaukee to fit every preference and price range.

Whether you are looking for help in repairing your Milwaukee house, or are interested in purchasing a home of your own, this guide will help you in your work. We welcome and appreciate your investment in the City and your neighborhood!
 


 


$15 New Member Special at Community Warehouse

Community Warehouse is a non-profit organization that provides deeply discounted home improvement products to members looking to rehab and upgrade their homes. The warehouse is conveniently located just south of downtown at 521 S. 9th Street.

In partnership with Mayor Barrett’s Strong Neighborhoods Plan, Community Warehouse is extending an exclusive offer for a discounted individual membership of only $15 (regularly $25).

Residents must be located in the CDBG Community Development Block Grant area to qualify for membership. Offer is valid through December 30, 2015 and you must bring in a printed online flyer to receive the discount.

Click to Learn More


 

 DCD facebookConnect with Us!

Follow the Department of City Development on Facebook and Twitter for more updates on city real estate for sale, programs and incentives offered, development projects around the city and the latest news from the Mayor's STRONG Neighborhoods Plan.

www.facebook.com/milwaukeedcd
www.twitter.com/milwaukeedcd

 



If your organization would like to be featured in future e-newsletters, please contact
Community Outreach Liaison Christina Klose at cklose@milwaukee.gov

 


City Real Estate, 809 N. Broadway, Milwaukee, WI 53202   -   (414) 286-5730


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