Bought with Keller Williams Realty-Milwaukee Southwest
$181,500
$185,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1501 S 3rd St Unit 1505 Milwaukee, WI 53204
3,484 Sqft Lot
Key Details
Sold Price $181,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1740956
Sold Date 08/16/21
Year Built 1885
Annual Tax Amount $4,321
Tax Year 2020
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 50x70
Property Description
Most likely will require a cash offer. 2 properties on one lot:1501 Lower is a former tavern with original tin ceiling, Upper was a 2 bed/1 bath (75% gutted) and both are awaiting a new vision to continue the rejuvenation of the neighborhood. Next door 1505 is duplex - both units currently occupied. Duplex has newer furnaces, water heaters, electrical, pipes, & ducts (2016) as well as extensive remodeling. These properties offer the opportunity to be a part of this up & coming part of Walkers Point/5th Ward, located conveniently between the 3rd Ward/Downtown to the north, Bay View to the south, and Lake Michigan to the east. Unique opportunity with great current cash flow and major renovation opportunity with commercial building.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Block, Brick, Full
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Partial-Aluminum, Partial-Wood
Parking Features Near Public Transit, Outdoor Space
Roof Type Composition
Building
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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