Segal Goldman Realty Group
Listing: #233672098

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524 North Water STREET, MILWAUKEE, WI 53202
$1,850,000 Built in 1880
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.
Property Type: Multifamily
List Price: $1,850,000.00
Units: 6
Area -
Taxes: $21,740.00
Tax Year: 2024
Year Built: 1880
Lot Size: -
Total Units: -
# Stories: -
Exterior: -
Roofing: -
Garage / Parking: -
Heating / Cooling: Other / Other
Water: N
Listing Office Name: Inland Real Estate Partners, LLC