Listing Provided Courtesy Of:
Keller Williams Prestige
Address
1855 N Humboldt Ave, Unit 1855B/1851-1853 Milwaukee, WI
Price
$ 1,350,000
Property Attributes
  • MLS#1683805
  • TypeContingent
  • CountyMILWAUKEE
  • CityMilwaukee
  • NeighborhoodHubbard and Pearson Addn
  • Zip53202
  • StyleApartment Building,Duplex +,Townhouse
  • Year Built1875
  • Taxes14299
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4253
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Keller Williams Prestige
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.

Elementary School Middle School High School
Cass Street Elementary School Lincoln Middle School Riverside High School
Price History
4/3/2020 Listed $1,400,000
9/2/2020 4% - $1,350,000

General Features

1st Type Unit 1 Bath, 2 Bedrooms, Cable TV Available, Dining Room, Dishwasher, Disposal, Eat-In Kitchen, Furnished, Living Room, Range/Oven, Refrigerator, Washer/Dryer
2nd Type Unit 2 Baths, 3 or More Bedrooms, Air Conditioning, Cable TV Available, Dining Room, Dishwasher, Disposal, Eat-In Kitchen, Furnished, Living Room, Other, Range/Oven, Refrigerator, Washer/Dryer
3rd Type Unit 2 Baths, 3 or More Bedrooms, Air Conditioning, Balcony/Patio, Cable TV Available, Dining Room, Dishwasher, Disposal, Eat-In Kitchen, Furnished, Living Room, Range/Oven, Refrigerator, Washer/Dryer
4th Type Unit 2 Baths, 3 or More Bedrooms, Air Conditioning, Cable TV Available, Dining Room, Dishwasher, Disposal, Eat-In Kitchen, Furnished, Living Room, Range/Oven, Refrigerator
Elementary School Cass Street
Garage Features Near Public Transit, None
High School Riverside
Middle School Lincoln
Property Type D
School District Milwaukee
Status Active
Subdivision Hubbard and Pearson Add'n
Tax Year 2019
Taxes 14299.00
Type Apartment Building, Duplex +, Townhouse
Unit Number 1855B/1851-1853
Year Built 1875
Zoning RT4

Interior Features

Basement Block, Brick, Full, Laundry Facilities, Walk Out/Outer Door
Heating/Cooling Central Air, Forced Air, Indiv. Heating Units, Natural Gas
Stories 1-2 Stories
Total Number of Units 11
Type 1 Units 6.00
Type 2 Units 1.00
Type 3 Units 1.00
Type 4 Units 1.00

Exterior Features

Exterior Aluminum Trim, Partial-Aluminum, Partial-Brick, Partial-Vinyl, Partial-Wood, Vinyl, Wood
Flood Plan No
Lot Size Two parcels totaling .172
Parking Inside 0.00
Parking Outside 0.00
Roofing Composition
Water/waste Municipal Sewer, Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 53202

Price
AVG $430K
$1.35M
Taxes
AVG $9,058
$14,299
Visits
AVG 22
23
Year Built
AVG 1942
1875

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