Bought with KAREN ZEBRO
$174,900
$194,900
10.3%For more information regarding the value of a property, please contact us for a free consultation.
624 GILBERT STREET Wausau, WI 54403
Key Details
Sold Price $174,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality WAUSAU
MLS Listing ID 22232635
Sold Date 08/31/23
Year Built 1920
Annual Tax Amount $4,616
Tax Year 2022
Property Description
Wow, 3,072 of finished square feet between two floors! Great triplex to own as an investment property or have 1536 sq ft of main floor living space all to yourself as owner occupied. Both upper units (a one bed / one bath and a 2 bed / 1 bath) are tenant occupied with fantastic long-term history. The vacant main floor unit has 3 spacious bedrooms, a nice size bathroom, an enormous kitchen, and large formal dining space / living room combo separated by colonnades. This unit also has locked direct access to the basement from the kitchen. Both of the upper units have locked outside access to the basement where all three units currently share the washer and dryer. Three car garage with large driveway for additional parking and the property is on a rare double lot of .35 acres.,Owner was getting $900/mo for the downstairs unit, #3, (recently vacated) and there is potential to increase that amount. When all 3 units were leased, this was $2,045 in monthly rent. Tenants pay electricity but owner pays for the electricity to the AC, furnace, washer, and dryer. Owner pays the sewer/water and gas for the property. Per the seller, roof is approximately 6 years old, water heater replaced in 2002, and furnace in Oct 2002 with yearly or biennial checkups. Unit #3 room dimensions: kitchen 16x16, bedroom one 11x16, dining 14x16, living 12x16, bedroom two 11x14 (which also has an attached separate storage room), and bedroom three 8x14.
Location
State WI
County Marathon
Interior
Interior Features Ceiling Fan(s), Smoke Detector(s), Cable/Satellite Available, All window coverings, Utility Room
Heating Natural Gas
Cooling Forced Air
Equipment Refrigerator, Range/Oven, Washer, Dryer
Exterior
Exterior Feature Vinyl
Garage 3 Car
Garage Spaces 3.0
Utilities Available Separate Electric Meters, 1 Gas Meter
Waterfront N
Roof Type Shingle
Building
Sewer Municipal Water, Municipal Sewer, Master Meter
New Construction N
Schools
High Schools Wausau
School District Wausau
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