Investment Overview

Marcus & Millichap is pleased to present a multi-building investment portfolio located on the lower east side of Milwaukee. The property comprises a 0.17-acre combined parcel improved with 11 apartment units. Their addresses are as follows: 1851-1853 N. Humboldt Avenue (3-Unit Apartment at the front and 2-Unit Apartment at the Rear) 1855 N. Humboldt Avenue (5-Unit Apartment at the front and 1-Unit Apartment at the Rear) The 1851-1853 Buildings were constructed around 1875 and contain 4,517 square feet (per assessor's records). The 1855-1855B Buildings were constructed around 1890 and contain 4,340 square feet (per assessor's records). The 1851 Buildings have vinyl sided exteriors and pitched roofs with newer dimensional shingle coverings. The windows are newer, vinyl-clad double hung combination units. Each unit has its own gas-fired furnace and water heater. One unit has central air conditioning. The electric services have been updated. The 1855 Buildings have vinyl sided exteriors and pitched roofs with composition shingle covering. The windows are newer, vinyl-clad double hung combination units. Each unit has its own gas-fired furnace and water heater. The electric services have been updated. Each unit includes a refrigerator and stove. Finishes include carpet and LVP flooring. Each basement houses non-coin operated washers and dryers. There is zero on-site parking.