1855 N Humboldt Ave 1855B/1851-1853, Milwaukee, WI 53202 Sold for $1,100,000 on 10/01/2020
Features of 1855 N Humboldt Ave 1855B/1851-1853, Milwaukee, WI 53202
WI > Milwaukee > Milwaukee > 1855 N Humboldt Ave 1855B/1851-1853
- Multi-Family
- Status: Sold
- Total Number of Units: 11
- Unit Type 1 # of Units: 6
- Unit Type 1 Avg Rent: $1,200
- Unit Type 2 # of Units: 1
- Unit Type 2 Avg Rent: $4,000
- Unit Type 3 # of Units: 1
- Unit Type 3 Avg Rent: $2,700
- Unit Type 4 # of Units: 1
- Unit Type 4 Avg Rent: $3,150
- Est. Square Footage: 8,857
- Est. Year Built: 1875
- Subdivision: Hubbard And Pearson Add'N
- HOA Fees: 0
- School District: Milwaukee
- High School: Riverside
- County: Milwaukee
- Postal Municipality: Milwaukee
- MLS#: 1683805
- Listing Company: Keller Williams Prestige
- Price/SqFt: $152
- Zip Code: 53202
Property Description for 1855 N Humboldt Ave 1855B/1851-1853, Milwaukee, WI 53202
1855 N Humboldt Ave 1855B/1851-1853, Milwaukee, WI 53202 - 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.
Basement
- Block, Brick, Full, Laundry Facilities, Walk Out/Outer Door
Interior Features
- Heating/Cooling: Central Air, Forced Air, Indiv. Heating Units, Natural Gas
- Water Waste: Municipal Sewer, Municipal Water
- Inclusions: All appliances for 11 units, all furnishings for 9/11 units.
Building and Construction
- Apartment Building, Duplex +, Townhouse
- Roof: Composition
Land Features
- Waterfront/Access: N
- Lot Description: Two parcels totaling .172
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
1683805 | Sold | ActiveWO | Oct 1 2020 12:00AM | $1,100,000 | 160 | ||
1683805 | Sold | ActiveWO | Oct 1 2020 12:00AM | $1,100,000 | 160 | ||
1683805 | ActiveWO | Active | Sep 10 2020 9:49AM | 160 | |||
1683805 | Sep 2 2020 9:12AM | $1,350,000 | $1,400,000 | 160 | |||
1683805 | Active | Withdrawn | Aug 5 2020 3:56PM | 160 | |||
1683805 | Withdrawn | Active | Jun 26 2020 12:34PM | 160 | |||
1683805 | Active | Delayed | Apr 3 2020 1:50PM | 160 | |||
1683805 | Delayed | Apr 3 2020 1:28PM | $1,400,000 | 160 |
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