1613 N 3RD AVENUE Active Save Request In-Person Tour Request Virtual Tour
Wausau,WI 54401
Key Details
Property Type Multi-Family
Listing Status Active
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