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1851-1855 N Humboldt Ave
Milwaukee, WI 53202
1855 N Humboldt 1855B 1851-1853 · Multifamily Property For Sale
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11 Units
Investment Highlights
- Close to Brady Street, Milwaukee Cultural, Sporting, and Entertainment venues.
- Close to public transit.
- Walking neighborhood - walk score in the 90+% range.
Property Facts
| No. Units | 11 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 9,657 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1875/2018 |
| Zoning | RT4 Residential Two-Fam - 8830 Multi-Family Residential | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,657 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1875/2018 |
| Zoning | RT4 Residential Two-Fam - 8830 Multi-Family Residential |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Grill
- Coffee System
- Double Pane Windows
- Family Room
- Freezer
- Skylights
- Vinyl Flooring
- Window Coverings
Site Amenities
- Laundry Facilities
- Recycling
- Smoke Free
- Trash Pickup - Curbside
About 1851-1855 N HUMBOLDT AVE , 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 mostly furnished with brand new appliances and fixtures. Owner is selling to fund property on West Coast. After a gut rehab in 2018 and exterior rehab spring 2020, the units are rented out on a long term, medium and short term basis. A sizable and modern single family home provides additional options for an on-site owner/investor. 5 min to Downtown! Updated pro-forma and rehab details available.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,550 | 751 - 1,000 |
| 5+2 | 1 | $4,300 | 1,501 - 1,750 |
| 3+2 | 1 | $3,150 | 1,251 - 1,500 |
| 1+1 | 1 | $1,300 | 750 |
| 6+2 | 1 | $3,500 | 1,750 - 2,200 |
| 2+2 | 1 | $2,800 | 750 - 1,000 |
Property Taxes
| Parcel Number | 354-0613-000-0 | Improvements Assessment | $424,700 |
| Land Assessment | $63,100 | Total Assessment | $487,800 |
Property Taxes
Parcel Number
354-0613-000-0
Land Assessment
$63,100
Improvements Assessment
$424,700
Total Assessment
$487,800
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