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City Real Estate E-newsletter  -  August 18, 2017

 

August Enewsletter

SAVE THE DATE: Take Root Milwaukee Homeownership Fair

Join us at the Take Root Milwaukee Homeownership Fair on Saturday, August 26, from 8 a.m. until noon. Speak with lenders, neighborhood organizations, homeownership specialists, and Realtors®. Learn about loans and grants available for homebuyers and existing homeowners, attend a workshop on homebuying and rehab, or join the Harambee homes tour.

Staff from DCD Real Estate and NIDC will host a table at the fair to encourage home buying in the city, promote City-owned properties for sale, share valuable resources, support the Strong Neighborhoods Plan, and provide information on City programs available to residents.

Whether you’re in the market for a fixer-upper, a historic house, a vacant lot to build on, or are looking for resources to improve your existing home, we can help you reach your goals.

Until then, continue reading more below about properties for sale, neighborhood events and updates, helpful resources, and homeownership opportunities!
 


    HOUSES FOR SALE

 
Homeownership OpportunitiesCurrent Property Listing

View our Current Listing of homes for sale available to owner-occupants only. Offers are due on September 12 at 10 a.m.

After 30 days on the Current Listing, any unsold properties will move to the Extended Listing or will be listed with our outside agents. Work with your realtor to locate your new home! Homes for sale on the Extended Listing are available to investors who want to earn rental income and owner-occupants.
 



Featured Historic House942 N. 29th Street

The Bingenheimer House, 942 N. 29th Street
2 BD / 1 BA  on each level  •  total 2,546 SQ FT
A classic and sturdy duplex in the heart of Historic Concordia Neighborhood. The Bingenheimer house sits on a roomy lot on one of Concordia’s finest stretches of historic homes. This Queen Anne gem was built in 1906 from a design by Architect Charles Keller. Exterior was completely renovated in 2017 and awaits a buyer to modernize the interior. Room for a side drive on south of house.

Asking Price: $23,000
DNS Scope of Work: $21,020
Bids due Sept. 12 at 10 a.m.

May be eligible for $20,000 forgivable loan and WI Historic Homeowner’s Tax Credits.
 



Featured Single FamilyPhoto of 4485 North 26th Street

4485 N. 26th Street
3 BR / 2 BA  •  1,172 sq. ft.
This 2-story, side gabled, side entry cottage was built in 1924 and is located in the Garden Homes Neighborhood, which is listed on the National Register of Historic Places. The lot is 3,978 sq. ft. and includes a side drive with detached garage.

Asking Price: $3,500
DNS Scope of Work: $37,874
Bids due Sept. 12 at 10 a.m.

May be eligible for $20,000 forgivable loan, WI Historic Homeowner’s Tax Credits and Transform Advantage mortgage pilot program.


    HELPFUL HOME RESOURCES


Housing Help Web ToolHousing Help web tool ad

The Department of City Development (DCD) has created a new tool as a single resource for those looking for housing information and resources from various City departments.

The Housing Help web tool filters information for three types of users: homeowners, home buyers and investors/non-profit organizations.

Explore this new tool to find resources you can use!

  
    LEARNING OPPORTUNITIES & EVENTS

 


FREE Homeownership Fair - Buy it. Fix it. Keep it.
Visit and talk with lenders, neighborhood organizations, homeownership specialists, and Realtors®. Learn about loans and grants available for homebuyers and existing homeowners, plus the $20,000 fully forgivable rehab loan with purchase of City-owned homes. Homebuying & Rehab Workshop (9 a.m.). Neighborhood Homes Tour, first-come, first-served (10:30 a.m.-11:30 a.m.).

  • August 26, 8am-noon
    Clinton Rose Senior Center, 3045 N. Dr. Martin Luther King Jr Drive

Visit TakeRootMilwaukee.com or call (414) 921- 4149 with questions or to get started on your path to homeownership today. Sign up for this event on Facebook.



Open House Event for WIS 175 Visioning Study
Staff from the City of Milwaukee’s Department of City Development will have a table at Washington Park Wednesdays, a summer concert series at the beautiful Washington Park bandshell, to discuss the draft recommendation for the WIS 175 Visioning Study with residents. This will be very informal, so please come to this free, fun, and family-friendly event and stop by our table. Bring a friend or neighbor!

  • Wednesday, August 30, 5-8:30pm
    Washington Park bandshell, 4599 W. Lloyd St.

Preview the draft recommendation by viewing the draft document on the project website: milwaukee.gov/WIS175-Vision



Milwaukee Shines Solar Group Buy
Please join us for an upcoming free Power Hour information session to find out how you can install solar with the group buy program and be a part of Milwaukee's clean energy revolution!

  • Saturday, August 26, 1:00-2:00 p.m.
    Sherman Perk Coffee Shop, 4924 W. Roosevelt Dr.
  • Wednesday, August 30, 6:00-7:00 p.m.
    Woodland Pattern Bookcenter, 720 E. Locust St.


Landlord Training ProgramLandlord Training
Attend the next Department of Neighborhood Services FREE 5-hour training seminar and receive a 100-page manual and certificate of completion. 

  • En Español - Miercoles, 6 de Septiembre, Entrenamiento Para Propietarios
    Por Favor de llegar a las 4pm- Clase es de la 4pm - 8pm
    Southside Organizing Committee,1300 South Layton Blvd.
  • Wednesday, September 20, 9am - 3pm Sign-In: 8:30am  
    Anderson Water Tower, 4001 S. 6th St., 3rd floor


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.

Tuesday, September 12, 6-7:30 p.m.
East Library (Community Room),
2320 N. Cramer St.

View program brochures:
English  Espańol

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


    BUILD YOUR NEW HOME IN THE HEART OF THE CITY


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

Three 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!


Read about Josey & Walnut subdivisions in Milwaukee Downtown's Ripple Effect newsletter.
 

  
    COMMERICAL PROPERTIES & DEVELOPMENT OPPORTUNITIES

 


Financial resources and incentives may be available from the City 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.



500 E. Center St.500 E. Center St.
Adaptive re-use of former Centro Del Nino
Asking price: $223,000

Constructed in 1927 for use as a small bank branch, this attractive Neoclassical brick building sits on the edge of the lively Riverwest neighborhood. At 7,980 square feet, this 2-story building occupies a large 20,520 square foot park-like lot and is on the corner of a highly visible intersection. Buyer is responsible to adapt existing building for an alternate use which would be complementary to both the Riverwest and Harambee neighborhoods. Proposals will be accepted and reviewed on a continuous basis until an acceptable proposal is received.


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



1715 N. 37th St.1715 N. 37th St.
Adaptive re-use of former 37th Street School
Asking price: $170,000

Constructed in 1903, with two additions in 1911, this Romanesque Revival former school building features 62,555 square feet of space and occupies a 69,000 square foot lot. Buyers may re-use existing building for alternate use or demolish and redevelop the site. Proposals should complement the future development envisioned for the Washington Park Neighborhood.
 
Proposals will be accepted until 11 am, Thursday, August 24, 2017. Late proposals will not be evaluated and will be returned to the sender.

View this property and more Surplus Schools for sale.

 
    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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