Sold

$2,250,000

1800 Jefferson St, Two Rivers, WI 54241

6beds

4baths

33,303sqft

Multi Family

Built in 1909

-- sqft lot

$2,549,900 Zestimate^®

$68/sqft

$1,417 Estimated rent

Home value

$2,549,900

$2.01M - $3.21M

$1,417/mo

Zestimate^® history

Owner options

List your home for rent

$1,417/mo

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$1,417/mo

Rent Zestimate^®

Refinance and save

$14,619/mo

Est. payment

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$14,619/mo

Est. payment

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What's special

Discover a lucrative investment opportunity in Two Rivers, WI with this 4-story, apartment building boasting 32 units. Enjoy breathtaking vistas of Lake Michigan from this charming small-town locale, known for its high quality of life. The property promises great cash flow potential, with many units already remodeled. The property is within walking distance to many restaurants and shops. The property has 36 parking spots on-site. This is a great investment property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air

Cooling

Forced Air, Central Air

Interior area

Total interior livable area: 33,303 sqft
Finished area above ground: 33,303
Finished area below ground: 0

Property

Parking

Parking features: Outside

Accessibility

Accessibility features: Elevator, Hall Width 36 Inches or More, Level Lot

Lot

Size: 1.57 Acres
Features: Corner Lot, Sidewalk

Details

Parcel number: 0000510101
Zoning: Multi-Family(5+Units)
Special conditions: Arms Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone
Foundation: Block

Condition

New construction: No
Year built: 1909

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Indv Control/Unit, Sep Electric Meter, Sep Gas Meter

Community & HOA

Community

Security: Fire Sprinkler System

Location

Region: Two Rivers

Financial & listing details

Price per square foot: $68/sqft
Annual tax amount: $22,911
Date on market: 3/13/2024
Inclusions: In addition to the monthly rent, Landlord is collecting $40/unit per month for a water utility reimbursement, total $1, 240.00/mo.

Price history

Date	Event	Price
6/11/2024	Pending sale	$2,399,000+6.6%$72/sqft
Source: RANW as distributed by MLS GRID #50288206 Report a problem
5/30/2024	Sold	$2,250,000-6.2%$68/sqft
Source: RANW as distributed by MLS GRID #50288206 Report a problem
4/4/2024	Contingent	$2,399,000$72/sqft
Source: WIREX MLS #50288206 Report a problem
3/24/2024	Price change	$2,399,000-7.7%$72/sqft
Source: RANW as distributed by MLS GRID #50288206 Report a problem
3/13/2024	Listed for sale	$2,599,000$78/sqft
Source: RANW as distributed by MLS GRID #50288206 Report a problem