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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