MLS Public Remarks The Alexander Lofts, conveniently located on downtown Milwaukee's historic Mitchell Street, consists of 60 one- and two-bedroom units. This nine-block stretch of Mitchell Street is designated as architecturally and historically significant by the City of Milwaukee. The lofts are situated close to restaurants, shopping, art, Lake Michigan, city parks, and the business district. The project consists of a primary five story building plus basement comprised of 52 residential units, laundry facility, leasing office, workout facility, and resident storage. This building was formerly the Hills Department Store, then an office building before being completely transformed for its current residential use in 2017. Includes 70 gated, lighted parking spots and a 4200 sq ft unfinished space.
Location City
Other Marketing Area
Mailing City Milwaukee
C/T/V City
Unit #
Directions Take I-94 E To S 5th St In Milwaukee. Take Exit 312 A From I-43 S/I-94 E Take W Lapham Blvd To S 9th St
Number of Units 60
Year Built 1919
# Furnaces 60
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 60
# Water Softeners 0
# Stoves 60
# Refrigerators 62
# Dish Washers 60
# Washers 16
# Dryers 16
# Units w/AC 60
Number of Efficiencies 0
Number of 1 Bedrooms 37
Number of 2 Bedrooms 23
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 468038
Net Operating Inc 510711
Year 2022
School District Milwaukee
High School Call School District
Middle Call School District
Elementary Call School District
Land Assessment $84,500
Improvements $5,105,000
Total Assessment $5,189,500
Net Taxes $125,606
Assessment Year 2022
Tax Year 2022
Owner
Zoning LB2
Subdivision Walkers Point
Name of Lake/River
Est. Total Acres 0.53
Source for Est. Total Acres Slr
Unit 1 Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 2 Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Vaulted ceiling(s), Washer/dryer, Wood or sim. wood floor
Unit 3 Air conditioning, Dishwasher, Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
Unit 4
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Landlord Pays |
| Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
| 1 |
1 |
1 |
0 |
12/31/2023 |
$1187 |
751 |
1 Space |
No |
No |
Yes |
| 2 |
1 |
1 |
1 |
12/31/2023 |
$1357 |
756 |
1 Space |
No |
No |
Yes |
| 3 |
2 |
1 |
0 |
12/31/2023 |
$1506 |
976 |
1 Space |
No |
No |
Yes |
| 4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 4+ story, Apartment building, Townhouse style units
Parking per Unit Outside, Parking fee
Barrier-free Features Ramped or level entrance
Exterior Brick
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents Certificate of occupancy, Income/Exp Report Avail, Lease(s) on file
Miscellaneous Building Sprinkler System, Close to bus line, Elevator, Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Berkshire Hathaway Homeservices True Realty
