c.1910 Wisconsin Fixer Upper Multi-Family Home Under $150K
$149,900
Here is a c.1910 Wisconsin fixer upper multi-family home is a triplex featuring original unpainted woodwork, fireplace, colonnades, built-in buffet, beamed ceiling and timeless charm. A lot of the prep work has already been done, including a new roof and boiler.
Realtor Comments
Calling all investors! Here’s a diamond in the rough located directly in the city’s path of progress neighborhood, Harambee. Just a block east of the new exciting development, MLK Library Apartments. The triplex features original woodwork and timeless charm. A lot of the prep work has already been done, including a new roof and boiler. It’s a blank canvas, ready for an investor to come in and finish however they want. Restore its historic beauty or transform to the modern era. If you’ve been looking for a high potential property. This is it! Capitalize on the prime location and create something truly special. Don’t miss your chance, come see it today! Cash offers preferred. Will not qualify for traditional financing.
- Circa 1910
3025 N 1st St, Milwaukee, WI 53212 $149,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
- Contact Realtor: Lor Vang
Brokered by eXp Realty, LLC – Metro Milwaukee
- Google Map
- Niche
Location of This Wisconsin Fixer Upper
Here are some pros and cons of the Harambee neighborhood in Milwaukee:
Pros:
- Strong Community Identity: Harambee is known for its rich cultural heritage and active community engagement. Residents often take pride in local history and work toward improving the neighborhood.
- Revitalization Efforts: The neighborhood has been experiencing revitalization with new housing developments, community gardens, and business improvements. Local organizations like Riverworks Center have been instrumental in these efforts.
- Cultural Significance: Harambee has deep African-American roots and is home to cultural events and festivals that celebrate Black history and heritage.
- Affordable Housing: Housing costs in Harambee tend to be more affordable compared to other parts of Milwaukee, making it attractive for people looking for budget-friendly living options.
- Proximity to Downtown: The neighborhood’s location near downtown Milwaukee allows for easy access to major employers, cultural institutions, and entertainment venues.
Cons:
- Crime Rates: Like many inner-city neighborhoods, Harambee struggles with higher crime rates, which may be a concern for some potential residents.
- Economic Disparities: Parts of Harambee face economic challenges, with some areas experiencing poverty and unemployment, limiting local opportunities for residents.
- Vacant Properties: Similar to other older neighborhoods, Harambee has a number of vacant properties and lots, which can detract from its overall appeal and sense of safety.
- School Quality: Some public schools in the area may have lower performance ratings, which might be a concern for families with children.
- Limited Retail and Services: While there has been some growth, Harambee still has fewer retail and dining options compared to more affluent neighborhoods in Milwaukee.
