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Prime Milwaukee downtown multi family investment Opportunity for a 17 bedroom licensed rooming house. Blocks from the lake and downtown. This centrally located multifamily property features four spacious units/floors totaling 17 bedrooms and 7 bathrooms. The building is currently rented by the floor to tenants, but holds a rooming house license, allowing for flexibility to maximize income by leasing individual rooms. Each floor features dedicated central air and a common laundry facility is in the basement with dedicated sets of washer and dryer for each floor. Tenants pay utilities and renters insurance. Rooming house market rent is ~$600-700/bed. This is a rare opportunity to acquire a versatile, income-producing asset in a high-demand location with room to grow revenue!
| LAST UPDATED | 5/9/2025 | YEAR BUILT | 1896 |
|---|---|---|---|
| COUNTY | Milwaukee | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| BASEMENT | Full, Yes |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 2178 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | C9A(A) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with SNSHN Realty LLC
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