1820 N 1st St, Milwaukee, WI 53212 Sold for $675,000 on 02/02/2022

1820 N 1st St, Milwaukee 8 Units $675,000 Sold

Rare Brewers Hill vintage apartment building

  • 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: 53212

1820 N 1st St, Milwaukee, WI 53212 - 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.

Additional Features
  • Block, Full, Laundry Facilities
  • Heating/Cooling: Hot Water/Steam, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 8 Stoves, 8 Refrigerators, Coin operated Washer/Dryer.
  • 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
1776627 Pending Active Jan 19 2022 10:15PM 2
1776627 Active Delayed Jan 18 2022 2:15AM 2

Estimated Monthly Payment

$3,287 per month
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Jim Schleif

Jim Schleif

Listing Agent • 414.313.3346

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