1613 N 3RD AVENUE

Wausau,WI 54401

$ 229000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Accepted Offer

Purchase Type For Sale

MLS Listing ID 22404820

Year Built 1900

Annual Tax Amount $3,782

Tax Year 2023

Property Description

This distinctive duplex, conveniently located near the Tech Hub, has been fully renovated and offers separate utilities, leaving the owner responsible only for taxes and possibly yard maintenance. The property features a 2-car garage, private entrances for each unit, ensuring privacy for tenants. Unit 1 is currently rented for $1,100, while Unit 2 brings in $1,050. Both tenants are responsible for all utilities, with separate meters for gas, electricity, and water. With an impressive nearly 11% CAP rate, this property presents a highly attractive investment opportunity. Recent renovations include new flooring, updated drywall, fresh paint, heating systems, modern light fixtures, and fully updated bathrooms and kitchens. Both units also come equipped with brand-new appliances, giving them a fresh, modern feel. Property is broker owned.

Location

State WI

County Marathon

Zoning Residential

Interior

Interior Features Smoke Detector(s)

Heating Natural Gas

Cooling Forced Air

Exterior

Exterior Feature Brick/Stone

Parking Features Opener Included,2 Car

Garage Spaces 2.0

Utilities Available Separate Electric Meters,Separate Gas Meters

Roof Type Shingle

Building

Dwelling Type Duplex,2 Story

Sewer Municipal Water,Municipal Sewer,Separate Meter

New Construction N

Schools

High Schools Wausau

School District Wausau

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