Wausau, WI 54401,514   516 N 2ND AVENUE
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Wausau, WI 54401,514   516 N 2ND AVENUE
Wausau, WI 54401,514   516 N 2ND AVENUE
Wausau, WI 54401,514   516 N 2ND AVENUE
Wausau, WI 54401,514   516 N 2ND AVENUE
Listed by DON AND C.A. HALL • ASSIST-2-SELL SUPERIOR SERVICE REALTY
Bought with RISE REAL ESTATE TEAM

$185,000

Est. payment /mo

$184,900

0.1%
Est.Price: ?

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514 516 N 2ND AVENUE Wausau, WI 54401

SOLD DATE : 11/17/2023

Key Details

Sold Price $185,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality WAUSAU

MLS Listing ID 22234354

Sold Date 11/17/23

Year Built 1895

Annual Tax Amount $3,200

Tax Year 2023

Property Description

Great rental property. Property includes a duplex and a single family home for a total of 3 rental units. Seller has owned the property for over 30 years and one of the tenants has lived there the entire time. Admittedly the rents are very low. The tenants are aware of this and are expecting a rental increase. The single family home has 2 bedrooms and one bath along with a living room and eat in kitchen and main floor laundry. Gas forced air and gas hot water heater. There is a partial basement. The tenant pays electric and gas. Seller pays the water and sewer. Not sure what year the single family home was built. Not listed in the assessors web sight. I would estimate it was built before the war. 3 car garage is shared with all the tenants.,The duplex includes 2 bedrooms and 1 bath in each unit along with living rooms and kitchens. there is laundry hookups in the lower level. Updated gas forced air furnaces and gas water heaters. Electrical services have been updated and visible knob and tube wiring has been removed. Both buildings have new roofs. The single family home is metal and the duplex is shingled. Tenants are all on month to month leases. Tenants are aware of showings and are very accommodating.

Location

State WI

County Marathon

Interior

Interior Features Cable/Satellite Available

Heating Natural Gas

Cooling Forced Air

Exterior

Exterior Feature Vinyl

Garage 3 Car

Garage Spaces 3.0

Utilities Available Separate Electric Meters, Separate Heat, Separate Gas Meters

Waterfront N

Roof Type Metal,Shingle

Building

Sewer Municipal Water, Municipal Sewer, Master Meter

New Construction N

Schools

High Schools Wausau

School District Wausau

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