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City Real Estate E-newsletter  -  April 19, 2017

 

Enews April 2015

Spring into Home Ownership, Events & Opportunities

Owning your own home has several benefits, offers tax incentives and generally improves your overall net worth. If becoming a homeowner is on your to-do list, save your tax refund and get started today on your path to homeownership.

Whether you’re in the market for a fixer-upper, a historic house or a vacant lot to build on, the City of Milwaukee can help you reach your goals. There's also a special $1 lot offer to build your new home in one of three subdivisions, plus receive a $10,000 forgivable loan incentive.

Attending a Homebuyer Orientation Session can help you better understand the $20,000 forgivable rehab loan available when buying a City-owned home. Existing homeowners can take advantage of the STRONG Homes Loan, which offers a partially forgivable loan of up to $20,000 to help with essential home repairs.

Continue reading more below about properties for sale, neighborhood events and updates, helpful resources and homeownership opportunities.


    HOUSES FOR SALE

 
Homeownership OpportunitiesCurrent Property Listing

Homes for sale on the Extended Listing are available to owner-occupants and investors who want to earn rental income. Homes are also listed with external agents. Work with your realtor to find your new home in the city.

Be sure to visit our website on Thursday, April 20 to view a new listing of properties posted to the Current Listing!

Owner-occupant buyers may qualify for:



Featured Duplex2145-47 North Sherman Blvd.

2145-47 M. Sherman Blvd.
6 BR / 2 BA  •  3,418 sq. ft.
Detached garage

This attractive brick duplex in the Sherman Park neighborhood is listed on the National Register of Historic Places and may qualify for Wisconsin Historic Homeowner’s Tax Credits. The program returns 25% of the cost of approved rehabilitation as a Wisconsin income tax credit. Owner-occupants only.

Asking Price: $7,800
DNS scope of work: $86,975
 
May also be eligible for Rental Rehabilitation Loan Progam funds (up to $14,999 per unit) or $20,000 forgivable loan.



Featured Single Family1907 N 28th St

1907 N. 28th Street
4 BR / 1 BA  •  2,403 sq. ft.

This diamond in the rough is located in the Midtown neighborhood and sits on a large 9,240 sq. ft. corner lot with a detached garage at the alley.

Built in 1897, this partial brick home holds many original interior features such as a fireplace, built-in cabinets with leaded glass, beautiful wood trim, doors and staircase, plus decorative plaster moldings and half-round windows on third floor.

Asking Price: $8,000
DNS scope of work: $49,630

May be eligible for $20,000 forgivable loan.


    HELPFUL RESOURCES FOR HOMEOWNERS


Strong Home Loan
STRONG Homes Loan Program

Accepting applications for current homeowners!

The STRONG Homes Loan Program from NIDC offers partially forgivable loans of up to $20,000 for emergency and essential repairs to owner occupants of 1-4 family properties throughout the City of Milwaukee on a first come, first served basis. Technical assistance will also be provided to assist with rehab projects.

 

  
    LOCAL NEIGHBORHOOD EVENTS


Project Clean & Green

The Department of Public Works’ annual Project Clean & Green program runs from April 17 through June 5, 2017. The citywide program is designed to foster neighborhood pride through coordinated pick-up of excess household debris, street and alley sweeping, nuisance inspections, graffiti removal, and other neighborhood beautification activities sponsored by community agencies. Collection Crews will target one zone each week and collect extra items left at the collection point on the scheduled collection day. Look up your assigned week online.



Public Meeting for the WIS 175 Visioning Study

Tuesday, April 25, 6-7:30 p.m.
Urban Ecology Center - Washington Park, 1859 N. 40th St.

Please join Mayor Tom Barrett, Alderman Russell Stamper II, Alderman Michael Murphy, and city staff at a public meeting to discuss options for the intersection of Lisbon Avenue and the Stadium Freeway (WIS 175).

The goal of this study is to improve connections between neighborhoods, improve safety for both vehicles and pedestrians, maintain traffic flow, and support commercial revitalization along North and Lisbon Avenues.

Come see newly-developed 3D images for all options that have received significant public support at previous meetings, and share your thoughts on this important community gateway.
 



Spring Home Improvement Fair

Thursday, April 20, 6-7:30 p.m., Grant School (2920 W Grant Street)
Thinking of starting home improvements this year? Join LBWN and Clarke Square to learn about homeownership and home repair resources from a variety of housing organi­zations.



Havenwoods Tour of Homes 

Saturday, April 29, 9 a.m. - noon, Meet at the Amcor Building, 6161 N. 64th St.
Thinking about purchasing a home? Take this tour to find out how you can get prepared and purchase a home in the area. View 4-5 homes, plus neighborhood highlights. To register contact jnoth@havenwoods.org or call (414) 431-2271.
 

  
    LEARNING OPPORTUNITIES

 


Learn more at our Homebuyer Orientation Sessions

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

Wednesday, April 19, 6-7:30 p.m.
Washington Park Library (Community Room), 2121 N. Sherman Blvd.

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

Share with your friends and RSVP on our facebook events page.



Landlord TrainingLandlord Training Program

Attend the next Department of Neighborhood Services FREE 5-hour training seminar and receive a 100-page manual and certificate of completion. More sessions online.

  • Wednesday, May 3, 9 a.m. - 3 p.m.  Sign-In: 8:30 a.m.  
    Water Tower, 4001 S. 6th St., 3rd floor
  • Wednesday and Thursday, May 16-17, 4:30 p.m. - 7 p.m.  Sign-In: 4:00 p.m.  
    Water Tower, 4001 S. 6th St., 3rd floor (Must attend both sessions)
     


    BUILD YOUR NEW HOME IN THE HEART OF THE CITY


Buy $1 Lot + Get $10,000 Forgivable Loan to Build

Subdivisions offer many advantages to prospective homebuyers:

• Brand new construction in the heart of the city of Milwaukee – close to downtown

• Fully improved lots, including sewer, water, lighting and sidewalks

• Shop and compare – affordable
lot pricing means more house
for your money!
 

  
    COMMERICAL PROPERTIES & DEVELOPMENT OPPORTUNITIES

 


5151 N. 35th St.
Asking Price: $125,000

Unique opportunity to rehabilitate the former North Milwaukee Fire Station and Town Hall in the Villard Avenue Business Improvement District.

Proposals considered on a first-come, first-served basis.

Financial resources and incentives may be available such as façade grants, white box grants and retail investment funds.

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


Learn more about the history of this property and view photos at OnMilwaukee.com.
 



4270 S. Howell Ave.
Asking Price: $125,000

Bring your ideas! This brick two-unit building in the Town of Lake neighborhood has over 3,000 sq. ft. and offers the potential for a cafe, photography/art studio, employment agency, offices, general retail and service, home improvement center, laundromat, etc.

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

 
    NEIGHBORHOOD NEWS and UPDATES

 



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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