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Key Details
Sold Price $180,000
Property Type Commercial
Sub Type Office(s),Retail,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 980 sqft
Price per Sqft $183
MLS Listing ID 1582132
Sold Date 06/18/24
Year Built 1940
Annual Tax Amount $1,547
Tax Year 2023
Property Sub-Type Office(s),Retail,Other
Property Description
Investment Opportunity in East Hill Eau Claire across from Boyd Park! Close to downtown EC, this property offers versatility as a duplex or commercial space with a residential rental above. The upstairs unit boasts a strong rental history, while the lower unit is 60% finished, presenting an opportunity for expansion into a second apartment or commercial space. Flooring has already been purchased, streamlining the completion process and enabling instant cash flow once finished. The property has undergone numerous updates, including a new furnace, siding, windows, plumbing, electrical, and improvements to both the upstairs apartment and the lower unit bathroom. Don't miss out on this prime investment in a desirable location! Property is currently managed by Chippewa Valley Property Management at a 7% Management Rate (not required to stay with management company)
Location
State WI
County Eau Claire
Zoning Commercial
Rooms
Basement Full, Block
Interior
Heating Electric, Natural Gas
Cooling Wall A/C, Forced Air, Space Heater(s)
Exterior
Exterior Feature Vinyl, Wood
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Eau Claire
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Bought with Hall Realty Group LLC
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