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City Real Estate E-newsletter  -  March 15, 2017

 

Take Root Milwaukee Home Ownership Fair

Join us This Saturday at the Homeownership Fair!

Each year, the City of Milwaukee and Take Root Milwaukee host an annual Homeownership Fair to encourage home buying in the city and to market City-owned properties and resources. It's also a chance for residents to learn about loans and grants available to both homebuyers and existing homeowners.

DCD Real Estate/STRONG Neighborhoods and NIDC will once again staff two tables at the event this year. Residents can connect with lenders, realtors, homeownership specialists and neighborhood organizations. Resources for foreclosure prevention will also be available. Workshops (Spanish/English) will be held on home buying (9 a.m. and 11 a.m.) and home rehab (10 a.m.).

Please plan to visit us on Saturday, March 18, from 8:00 a.m. to noon at The Italian Conference Center, 631 E. Chicago Street. FREE lot parking is available or jump on the bus (near route 15 and the Green Line). View flier in English or in Spanish (En español). Sign up or share the facebook event page.

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


    HOUSES FOR SALE

 
Three lists of Home Buying OpportunitiesCurrent Property Listing

Offers are due on our first Current Listing of homes by March 22 at 10 a.m. and our second listing by April 4 at 10 a.m. Any unsold properties from these listing will then move to our Extended Listing online or will be listed with our external partnering agents. Work with your realtor to find your new City of Milwaukee home!

Homes for sale on the Extended Listing are available to owner-occupants and investors who want to earn rental income. 

Owner-occupant buyers may qualify for:



Featured Single Family1851 North 2nd Street

1851 N. 2nd Street
4 BR / 2 BA  •  2,428 sq. ft.

This unique two-story Italianate home in the Brewer's Hill Neighborhood is one of the oldest in the city built in 1859 and is listed on the National Register of Historic Places. The lot is 3,500 sq. ft. and includes a driveway with a detached garage. Exterior repairs have been completed by the city including siding, porches and paint.

Asking Price: $96,100
DNS scope of work: $77,760
Offers due: March 22 at 10 a.m.

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

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



Featured Single Family Home Package

1020-24 South 21st Street1020-24 S. 21st Street 

Great owner-occupant investor opportunity in the Clarke Square Neighborhood!

Each of these homes offers 2 bedrooms and 1 bath each in 789-890 square feet of space. This is a great opportunity for an owner-occupant to live in one home and earn rental income on the other three homes on the same lot. Two homes front the street and two are in the rear.

Asking Price: $35,000
DNS scope of work: $84,500
Offers due: April 4 at 10 a.m.

May be eligible for Rental Rehabilitation Loan Progam funds (up to $14,999 per unit) or $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


Celebrate Milwaukee Water Week!

Celebrate Water Week with the City's ECO Office from March 20-24 with free events that are open to the public.

Attend an open house, green infrastructure talk, a water social with Mayor Barrett or hike along the Milwaukee River. Learn more about these events and RSVP online.



Attend a MKE United Gathering

MKE United LogoMarch 23, 5:-7 p.m., St. Ann Center for Intergenerational Care, 2450 W. North Ave. - The gathering will be focused on a deep dive into two of the MKE United Transformative Directions: Economic Development (Transformative Direction #2) and Housing (Transformative Direction #3). RSVP online.
 



S. 27th St. Open House
Tuesday, March 28, 6-7:30 p.m., JB’s on 41, 4040 S. 27th St. - Join DCD Planning for an Open House on the South 27th Street Strategic Action Plan. Business owners and residents can learn more about the draft Final Plan and provide feedback before it gets adopted and also to celebrate its completion. Staff will share info on the study’s recommendations, how those recommendations will be implemented, and redevelopment concepts from the design charette.
 



Celebrate Milwaukee’s Neighborhoods
Thursday, April 6, 4:30-9:00 p.m., Potawatomi Hotel & Casino - The Milwaukee Awards for Neighborhood Development Innovation (MANDIs) celebrate Milwaukee’s diverse neighborhoods, and the many passionate, committed people working together to create a better future for themselves, their families, and their communities. Register by March 24.
 

  
    LEARNING OPPORTUNITIES

 


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, March 22, 9 a.m. - 3 p.m.  Sign-In: 8:30 a.m.  
    Water Tower, 4001 S. 6th St., 3rd floor
  • Wednesday, March 29, 9 a.m. - 3 p.m.  Sign-In: 8:30 a.m.  
    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, March 21, 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.
 


    STAY INFORMED and IN THE KNOW

 

InstagramConnect with us on Social Media!

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

  
    COMMERICAL PROPERTIES & DEVELOPMENT OPPORTUNITIES

 


3808 W. Villard Avenue
Asking Price: $20,000

Unique opportunity to rehabilitate this 7,200 sqaure foot former theater built in 1926. Permitted uses include theater, restaurant, retail, office, business/food service or bank.

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

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.



1313 W. National Avenue Brownfield Commercial Real Estate Development Opportunity

1313 & 1329-1331 W. National Ave.

Zoning: LB2, Local Business
Parcels must be conveyed together to the same owner.

Request for Proposals due: May 11, 2017
Asking Price: $225,000

1313 W. National Avenue:
Building: 19,118 SF building built; 1951 & 2004
Lot Area: 43,336 SF lot with excellent visibility

1329-31 W. National Avenue:
Building: 14,350 SF building built; 1951
Lot Area: 28,882 SF lot with excellent visibility
 

 
    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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