1821 N 47th St, Milwaukee WI 53208-1773 Sold for $286,000 on 02/16/2018

1821 N 47th St, Milwaukee 4 Units $289,000 Sold

7.4% CAP Rate, Real Cash Flow!

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 4
  • Est. Year Built: 1914
  • School District: Milwaukee
  • County: Milwaukee
  • Postal Municipality: Milwaukee
  • MLS#: 1562208
  • Listing Company: Shorewest - Elmbrook-Wauwatosa

1821 N 47th St, Milwaukee, WI 53208-1773 - 7.4 CAP Rate. Property being sold to participate in a 1031 exchange. Exceptionally maintained. Professionally managed. 100% occupied. Mostly restored brick 4-family in Washington Heights neighborhood. Extensive improvements include 2 new water heaters (2015 and 2016), new roof, gutters/full tear off (2012), new storm windows (2013), rebuilt front porch and front balcony (2014), tuck pointing (2011). Unit 1 updated bathroom in 2014. Unit 2 renovation in 2012 and unit 3 in 2017 including kitchen (flooring, cabinetry, plumbing, lighting, appliances), bathroom (tile, flooring, plumbing, fixtures), lighting, and refinished hardwood floors. Unit 4 new paint in 2016. All units feature original woodwork, kitchen pantry, ceiling fans, Spanish plaster walls, and keyless entry. Well-lit exterior. Revenue includes rents, laundry, garage and storage rental fees.

Additional Features
  • Brick, Full, Laundry Facilities
  • Heating/Cooling: Forced Air, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Apartment Building
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1562208 Sold ActiveWO Feb 20 2018 1:08PM $286,000 4
1562208 ActiveWO Active Jan 7 2018 2:32PM 4
1245231 Sold ActiveWO Apr 17 2012 12:41PM $95,000 25
1245231 ActiveWO Active Mar 24 2012 9:52AM 25
1245231 Active Mar 8 2012 4:22PM $99,900 25

Estimated Monthly Payment

$3,287 per month
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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.
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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