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Listed by Inland Real Estate Partners, LLC
$1,850,000
Est. payment /mo
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1937302
Year Built 1880
Annual Tax Amount $21,740
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Well-maintained, fully occupied mixed-use property located in the heart of Downtown Milwaukee. Comprised of approximately 8,800 square feet, the building features three retail units and three upper-level multifamily apartments, offering a balanced and diversified income stream across both residential and commercial tenancy. Currently fully leased, this building offers investors in-place cash flow with value-add potential through rental upside on the residential units, which are currently leased below market rates. The retail units are leased to a diverse mix of tenants, minimizing risk and ensuring long-term income stability. The building's flexible layout, strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation.
Location
State WI
County Milwaukee
Zoning C9FA
Rooms
Basement None
Interior
Heating Other
Cooling Other
Flooring No
Exterior
Exterior Feature Brick
Parking Features None
Building
Dwelling Type Other
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
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Eric Seeger
Agent | Land Pro | License ID: 7338094
Agent | Land Pro License ID: 7338094