Bookmark and Share


City Real Estate E-newsletter  -  June 9, 2015

 

Celebrate National Homeownership Month

Celebrate National Homeownership Month:
Building A Stronger Milwaukee Together

Homeownership plays a vital role in improving lives and communities. In honor of National Homeownership Month, please review the opportunities below to learn more about buying City-owned properties and incentive programs to help you.

You can visit with us at the STRONG Neighborhoods booth at Juneteenth Day, take a self-guided walking tour of beautiful homes in the Historic Concordia Neighborhood or attend one of our monthly Homebuyer Orientation Sessions. Plus, we have an exclusive discounted membership offer from Community Warehouse where you can buy many of the home improvement products needed to rehab your home just the way you like it, but for a fraction of the cost.

National studies show in most areas that it’s cheaper to own than rent, and June is a good time to focus on buying in Milwaukee. If you are one of the many renters out there who would like to make the transition from renter to homeowner, contact a local real estate professional who can help evaluate your ability to do so and will work with you to find a City-owned property for sale.

For those ready to become homeowners, we can help by making the purchase more affordable through the Homebuyer Assistance Program (HBA), which offers a $20,000 forgivable loan to help with rehab.

Let’s continue to work together to build a STRONGer Milwaukee!


 

Visit us at the Juneteenth Day Street Festival

Festivities kick off with a parade and end 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: Friday, June 19, 9am-6pm (parade at 9am, festival until 6pm)
WHERE: Dr. Martin Luther King, Jr. Drive between Burleigh St. and Center St.

The festival is free and open to the public.


 

2015 Historic Concordia Neighborhood Tour of Homes

The Historic Concordia Neighborhood is blessed with a diverse housing stock that appeals to a wide variety of tastes and budgets. The theme of the tour this year is "Live, Work and Stay."

WHEN: Saturday, June 20, 11am-5pm

WHERE: The tour starts at 900 N. 33rd Street. Ticket sales, the cake and pie social, and the silent auction will be located in the Refectory building at Wgema (former Concordia College campus).

COST: Tickets are available online for $17 and will be $20 at the door.

The City of Milwaukee currently owns several historic homes in the Historic Concordia Neighborhood. If you love the scale, details and craftsmanship of an historic home and love to renovate, we may have the perfect house for you. As a bonus, many of the homes listed have had extensive exterior repairs such as new roofs, chimneys and siding. These repairs will make the remaining renovations manageable and the whole project more affordable.


 


$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, June 24, 6-7:30pm
Zablocki Library (Community Room)
3501 W. Oklahoma Ave.

Click to Learn More

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


 

1448 North 39th StreetFeatured Single Family

Solid brick home in good condition and on a very desirable double lot with a detached garage. Conveniently located within walking distance to Washington Park.

1448 N. 39th St.
Includes vacant lot at 1458 N. 39th St.

5BR/1BA • Built 1923 • 1,762 SF

Purchase Price: $19,500
Est. Rehab Cost: $23,290

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

Shop our Current Listing today! Bids are due by June 30, 2015 at 10 a.m.


 

1925 West Burnham StreetFeatured Duplex

This duplex is located in the Muskego Way neighborhood and close to many amenities that the Historic Mitchell Street area has to offer.

1925 W. Burnham St.
4BR/2BA  • Built 1915 • 1,620 SF  

Purchase Price: $19,500
Est. Rehab Cost: $23,290

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

Shop our Current Listing today! Bids are due by June 30, 2015 at 10 a.m.


 

2434-38 North Booth StreetFeatured Package: Duplex + Single Family in rear  

Great location! This property in Riverwest features a duplex in front and a single family house at the back of the lot. An alley with parking space completes this package.

2434-38 N. Booth St.
Duplex: 6BR/2BA • Built 1900 • 3,143 SF
Single: 2BR/1BA • Built 1892 • 973 SF

Purchase Price: $36,000
Est. Rehab Cost: $56,900


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

Shop our Current Listing today! Bids are due by June 30, 2015 at 10 a.m.


 

Current Property Listing
Current Listing Bids Due June 30

The Current Listing of City-owned homes for sale exclusively to owner-occupants is scheduled to close on June 30 at 10 a.m.

Any unsold properties from that list will then move to the Extended Listing and will then be available to investors, non-profits and also homeowners.

City Real Estate will be posting more homes for sale in the future, so stay tuned for even more great Milwaukee neighborhood homes for sale!

 
 

$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


 

Don't Lose Your Home Did you know that property taxes are not the same as other debt? The City of Milwaukee cannot negotiate the tax amounts owed or waive interest and penalty charges. Due dates are non-negotiable. The City of Milwaukee does not want to take your home.

 

Mayor Tom Barrett and City Treasurer Spencer Coggs strongly suggest those behind in paying their property taxes reach out to a counselor on our website to discuss financial planning and how to get back on track.
 


 

Featured Commercial Property

3064-74 North 27th Street

3064-74 N. 27th Street
Asking Price: $10,000

Park West Neighborhood, Multi-Family Development Needed

Architecturally significant brick exterior with 19,170 SF of total useable area. Building has four ground floor commercial units totaling 9,390 SF and 12 apartments on upper two floors. The building was built in 1925.

Proposals will be accepted and reviewed on a continuous basis until an acceptable proposal is received. 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
 



 

Message from the Mayor

Hey Milwaukee! I invite you to join me for the 2015 Walk 100 Miles in 100 Days Challenge. Walking a mile a day is easy to do and it's a fun, low-stress way to see our great city. Let's make this year even bigger and better!

- Mayor Tom Barrett


 


 

 

 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


City of Milwaukee logo           NIDC Logo

 

Like Us On Facebook

 Follow Us On Twitter

 

To receive monthly E-news from City Real Estate, sign up for E-notify. Subscribe to "City-Owned Homes" under New Property Sales Listings.

E-Notify Email Eotifications

 

E-newsletter Archives

 

March 2015 
 
 

May 2015

March 2015 
 
 

April 2015

March 2015 
 
 

March 2015

February 2015 
 
 

February 2015

January 2015 
 
 

January 2015

December 2014 
 
 

December 2014

November 2014 
 
 

November 2014

October 2014 
 
 

October 2014

September 2014 
 
 

September 2014

August 2014 
 


August 2014

July 2014



July 2014

June 2014



June 2014