Ideal for a debut homebuyer or a savvy investor, this expansive residence boasts five bedrooms, making it perfect for those seeking ample space. With its attractive features, this property presents an excellent chance to generate steady, long-term rental income, as it adheres to the coveted 1% rule. The current tenant is on a month-to-month lease, consistently paying $1250 per month. Take advantage of this opportunity by purchasing the property and promptly commence collecting rent.Recent Improvements: -All new windows-All new doors through out as well as hardware.-All new flooring upper and lower.-New fixtures throughout -Bathroom updated new toilet, new tub ceramic tile floor and walls and new lighting and vanity.-New windows
Closed
$60,000
2570 North 16th STREET, Milwaukee, WI 53206
5beds
2,698sqft
Single Family Residence
Built in 1883
4,356 Square Feet Lot
$88,500 Zestimate®
$22/sqft
$1,471 Estimated rent
Home value
$88,500
$67,000 - $112,000
$1,471/mo
Zestimate® history
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$339/mo
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New windows-all new doorsNew fixtures throughoutNew lightingNew flooring
Zillow last checked:
Listing updated:
Listed by:
Charles Clark,
Keller Williams Prestige
Bought with:
Sivyis H Xiong
Source: WIREX MLS,MLS#: 1839034
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: Main
- Area: 0
- Dimensions: 0 x 0
Living room
- Level: Main
- Area: 0
- Dimensions: 0 x 0
Heating
- Forced Air, Other
Cooling
- Other
Appliances
- Included: Oven, Range, Refrigerator
Features
- Basement: Full
Interior area
- Total structure area: 2,698
- Total interior livable area: 2,698 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 sqft
Details
- Parcel number: 3249958100
- Zoning: RT4
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1883
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2023 | Sold | $60,000-17.2%$22/sqft |
Source:  WIREX MLS #1839034 Report a problem | ||
| 7/27/2023 | Price change | $72,500-3.3%$27/sqft |
Source: WIREX MLS #1839034 Report a problem | ||
| 7/13/2023 | Price change | $75,000-8.5%$28/sqft |
Source: WIREX MLS #1839034 Report a problem | ||
| 6/19/2023 | Listed for sale | $82,000$30/sqft |
Source: WIREX MLS #1839034 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,098 +52.4% | $47,900 +57% |
| 2023 | $721 -0.8% | $30,500 |
| 2022 | $726 +26.7% | $30,500 +48.1% |
| 2021 | $573 | $20,600 |
| 2020 | $573 | $20,600 |
| 2019 | $573 -12.8% | $20,600 -12.7% |
| 2018 | $657 -68% | $23,600 -2.1% |
| 2017 | $2,056 +73.7% | $24,100 -3.6% |
| 2016 | $1,183 -9% | $25,000 -7.1% |
| 2015 | $1,301 | $26,900 -6.9% |
| 2014 | $1,301 | $28,900 |
| 2012 | -- | $28,900 -30.2% |
| 2011 | -- | $41,400 |
| 2010 | $1,026 -8.4% | $41,400 -9.8% |
| 2009 | $1,120 | $45,900 -10% |
| 2008 | -- | $51,000 |
| 2007 | -- | $51,000 |
| 2006 | -- | $51,000 |
| 2005 | -- | $51,000 +34.9% |
| 2004 | -- | $37,800 +84.4% |
| 2003 | -- | $20,500 |
| 2002 | -- | $20,500 +28.9% |
| 2001 | $1,591 +73.8% | $15,900 |
| 2000 | $915 +164.6% | $15,900 +30.3% |
| 1999 | $346 | $12,200 |
Find assessor info on the county website
Neighborhood: North Division
Nearby schools
GreatSchools rating
- 1/10Brown Street AcademyGrades: PK-5Distance: 0.6 mi
- 3/10Starms Discovery Learning CenterGrades: 1-8Distance: 0.9 mi
- 5/10North Division High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Wisconsin
- Milwaukee County
- Milwaukee
- 53206
- North Division
- 2570 North 16th STREET
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