1820 N 1st St Milwaukee WI 53212-3700 $525,000

Rare Brewers Hill vintage apartment building

Property Description

1820 N 1st St Milwaukee WI 53212-3700 - Extremely rare offering in the heart of historic Brewers Hill. This 8 unit vintage apartment building is in excellent condition and has been owner-occupied for 30 years! Recent updates include new 1.5 car garage built to historic standards, new roof and all updated gas and electric. Units are in excellent condition (virtually staged unit is typical of other units) w/HWFs, separate charming DRs, refreshed BAs/kitchens. 2 units have a den. Seller offering at 7% cap rate creating an enticing investment. Starker ready? Develop new condos? Four outdoor parking spaces plus GA. Two units currently vacant (including owner's which is the only one needing updating). Your tenants will love being steps to DT, the river, Reservoir Park, Fiserv Forum, and the King Drive/Bronzeville historic districts.

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 8
  • Unit Type 1 # of Units: 3
  • Unit Type 1 Avg Rent: $750
  • Unit Type 2 # of Units: 3
  • Unit Type 2 Avg Rent: $640
  • Unit Type 3 # of Units: 2
  • Unit Type 3 Avg Rent: $715
  • Inside Parking: 1
  • Outside Parking: 4
  • Est. Square Footage: 6,592
  • Est. Year Built: 1929
  • Subdivision: Sherman'S Add'N
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1776627
  • Listing Company: Shorewest - Northshore
  • Price/SqFt: $79
  • Zip Code: null

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity

Jim Schleif

Jim Schleif

ABR, CLHMS, CREN, CRS, CSRS, SRS

[email protected]

414.313.3346