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    1855 N Humboldt Ave , 1855B/1851-1853

    Milwaukee, WI 53202
    • $1,350,000
    • STATUS: Active Under Contract
    • ON SITE: 170 days
    • ID#: 1683805
    Under Contract
    UPDATED: 9 min ago
    $1,350,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1875
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing provided courtesy of Keller Williams Prestige.

    Description

    Fantastic opportunity for income producing property with many options available to the next lucky investor. The 1855 Humboldt Ave Compound is comprised of 11 rental units in 4 buildings across 2 adjacent properties. Property is sold fully furnished with brand new appliances and fixtures. Gross monthly rent totals ~$23,000, with a cap rate of 13%. Owner is selling to fund property on West Coast. Unit mix is 1-1bd/1ba, 6-2bd/1ba, 1-2bd/2ba, 1-3bd/2ba 1-5bd/2ba and 1-6bd/2ba. A sizable and modern single family home provides additional options for an on-site owner/investor. 5 min to Downtown! Some units are rented Long-Term, and others rented short term/airbnb. Contact listing agent for specifics on each unit.

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    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX Service First Service First Pros. Data last updated: 2020-09-21T15:52:40.833.
    www.soldwisconsin.com/homes/104811863
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    1855 N Humboldt Ave , 1855B/1851-1853 Milwaukee, WI 53202

    • Price: $1,350,000
    • Status: Active Under Contract
    • Updated: 9 min ago
    • ID#: 1683805
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1875
    Built
    Neighborhood:
    Hubbard And Pearson Add'n
    County:
    Milwaukee
    Area:
    Milwaukee
    Elementary School:
    Cass Street
    Middle School:
    Lincoln
    High School:
    Riverside
    School District:
    Milwaukee
    Property Description
    Fantastic opportunity for income producing property with many options available to the next lucky investor. The 1855 Humboldt Ave Compound is comprised of 11 rental units in 4 buildings across 2 adjacent properties. Property is sold fully furnished with brand new appliances and fixtures. Gross monthly rent totals ~$23,000, with a cap rate of 13%. Owner is selling to fund property on West Coast. Unit mix is 1-1bd/1ba, 6-2bd/1ba, 1-2bd/2ba, 1-3bd/2ba 1-5bd/2ba and 1-6bd/2ba. A sizable and modern single family home provides additional options for an on-site owner/investor. 5 min to Downtown! Some units are rented Long-Term, and others rented short term/airbnb. Contact listing agent for specifics on each unit.
    Exterior Features

    Exterior Aluminum TrimPartial-AluminumPartial-BrickPartial-VinylPartial-WoodVinylWood Garage Parking Near Public TransitNone Lot Size Two Parcels Totaling .172 Parking Inside 0.00 Parking Outside 0.00 Roofing Composition Stories 1-2 Stories

    Interior Features

    Basement BlockBrickFullLaundry FacilitiesWalk Out/Outer Door Heating Cooling Central AirForced AirIndiv. Heating UnitsNatural Gas Unit Type1 1 Bath2 BedroomsCable Tv AvailableDining RoomDishwasherDisposalEat-In KitchenFurnishedLiving RoomRange/OvenRefrigeratorWasher/Dryer Unit Type2 2 Baths3 Or More BedroomsAir ConditioningCable Tv AvailableDining RoomDishwasherDisposalEat-In KitchenFurnishedLiving RoomOtherRange/OvenRefrigeratorWasher/Dryer Unit Type3 2 Baths3 Or More BedroomsAir ConditioningBalcony/PatioCable Tv AvailableDining RoomDishwasherDisposalEat-In KitchenFurnishedLiving RoomRange/OvenRefrigeratorWasher/Dryer Unit Type4 2 Baths3 Or More BedroomsAir ConditioningCable Tv AvailableDining RoomDishwasherDisposalEat-In KitchenFurnishedLiving RoomRange/OvenRefrigerator Unit1 Sq Ft 751-1000 Unit2 Sq Ft 1501-1750 Unit3 Sq Ft 1251-1500 Unit4 Sq Ft 750 Or Less

    Property Features

    Contingent With Offer Flood Plain No Municipality City Source Acreage Public Records Source Year Built Public Records Subdivision Dues Per Year 0 Tax Year 2019 Taxes 14299.00 Type Apartment BuildingDuplex +Townhouse Units Type1 6.00 Units Type2 1.00 Units Type3 1.00 Units Type4 1.00 Water Waste Municipal SewerMunicipal Water Zoning Rt4

    © 2020 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX Service First Service First Pros. Data last updated: 2020-09-21T15:52:40.833.
     
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    RE/MAX Service First Service First Pros
    21075 Swenson Drive, Suite 200
    Waukesha WI, 53186
    Listing provided courtesy of Keller Williams Prestige.