Bought with RISE REAL ESTATE TEAM
$185,000
$184,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
514 516 N 2ND AVENUE Wausau, WI 54401
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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