3025 1St St Milwaukee, WI 53212
- Apartment buildings
- 3,836 SF
- 0.17 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 3025 1St St
- Year built
- 1910
- Lot size
- 0.17 lot acres
- Property size
- 3,836 SF
- Property type
- Apartment buildings
Description
This three-story, 3-unit apartment building located at 3025 N 1st St, Milwaukee, WI 53212, presents a compelling investment opportunity. Built in 1910, this 3,836 square foot building sits on a 0.17-acre lot and features original woodwork. The property is zoned RT4 and includes six parking spaces. Significant updates have already been completed, including a new roof and boiler, minimizing upfront costs for the buyer. The property's location in the Harambee neighborhood, a block from the new MLK Library Apartments, positions it for substantial appreciation. While boasting timeless charm, the building offers a blank canvas for renovation, allowing for customization to suit the investor's vision, whether restoring its historic character or modernizing the units. The asking price is $139,900. This is a distressed sale; cash offers are preferred, and traditional financing may not be available. The property's features, prime location, and existing improvements make it an attractive investment prospect with significant return on investment potential. The Milwaukee County Assessor's Parcel Number (APN) is 3130736000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9115
- Latitude
- 43.0736
