$775,416*
●
Multifamily -
Off Market
1950 N 20th St #1958
Milwaukee, WI 53205
Studio
0 Bath
$527,000 - $643,000
Reference Base Price*
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Double digit Cap Rate! Fantastic 12 unit, tons of recent work
including rehabbed 8 car garage, tuck pointing, French drain, new
paint and flooring, many new radiators, many new appliances.
Spacious 3 bedroom units renting at $795, owner has recently turned
over building with fresh tenants, three more to fill. Market rents
total $8615 with garage rents to be an additional $400 per month
when filled. Owner willing to continue to manage for new buyer if
desired. Cap rate of 12% based on pro forma income with 5% vacancy.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$11,301
HOA Dues
-
Year Built
1890
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Jul 10, 2020 | Listed | $585,000 | |
| Listed | |||
| Jan 17, 2019 | No longer available | - | |
| No longer available | |||
| Sep 8, 2018 | Listed | $395,000 | |
| Listed | |||
|
|||
|
Rare all 3 bedroom 12 family rents range from 715-735 a month.
Building has newer roof and even an 8 car garage.
|
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Property Highlights
1950 N 20th St #1958, Milwaukee, WI, 53205
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/10/2020
|
Studio
|
-
|
-
|
$585,000
Studio
-
|
-
-
|
-
|
-
|
|
|
09/08/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
Building Info
