624 GILBERT STREET Wausau WI 54403
Multi-Family
$ 194,900.00
Description
Wow, 3,072 of finished square feet between two floors! Great triplex to own as an investment property or have 1536 sq ft of main floor living space all to yourself as owner occupied. Both upper units (a one bed / one bath and a 2 bed / 1 bath) are tenant occupied with fantastic long-term history. The vacant main floor unit has 3 spacious bedrooms, a nice size bathroom, an enormous kitchen, and large formal dining space / living room combo separated by colonnades. This unit also has locked direct access to the basement from the kitchen. Both of the upper units have locked outside access to the basement where all three units currently share the washer and dryer. Three car garage with large driveway for additional parking and the property is on a rare double lot of .35 acres. Owner was getting $900/mo for the downstairs unit, #3, (recently vacated) and there is potential to increase that amount. When all 3 units were leased, this was $2,045 in monthly rent. Tenants pay electricity but owner pays for the electricity to the AC, furnace, washer, and dryer. Owner pays the sewer/water and gas for the property. Per the seller, roof is approximately 6 years old, water heater replaced in 2002, and furnace in Oct 2002 with yearly or biennial checkups. Unit #3 room dimensions: kitchen 16×16, bedroom one 11×16, dining 14×16, living 12×16, bedroom two 11×14 (which also has an attached separate storage room), and bedroom three 8×14.
Rooms&Units Description
- Number of Units: 3
- Unit 1 Bd: 1
- Unit 1 Bth: 1
- Unit 1 A/C: Y
- Unit 1 Ref/Rg: Y
- Unit 1 Rent: $465
- Unit 1 Lease: Y
- Unit 1 Sq Ft: 588
- Unit 2 Bd: 2
- Unit 2 Bth: 1
- Unit 2 A/C: Y
- Unit 2 Ref/Rg: Y
- Unit 2 Rent: $680
- Unit 2 Lease: Y
- Unit 2 Sq Ft: 948
- Unit 3 Bd: 3
- Unit 3 Bth: 1
- Unit 3 A/C: Y
- Unit 3 Ref/Rg: Y
- Unit 3 Rent: $900
- Unit 3 Lease: N
- Unit 3 Sq Ft: 1536
- Util Rm: Y
Location Details
- Municipality: Wausau, City of
- County: Marathon County
- Directions: N 6th St to Gilbert St.
- Area Desc: Wausau
Property Details
- BelowGrade UNFINISHED Sqf: 1536
- Above Grade Fin Sq Ft: 3072
- CONSTRUCTION: Vinyl
- Sale/Rent: For Sale
- Annual Rent: $24,540
- Age: 103
Property Features
- APPLIANCES: Refrigerator,Range,Washer,Dryer
- INTERIOR: Ceiling Fan(s),Smoke Detector,Cable Hookup,Window Treatments,Carpet,Vinyl Floors,Wood Floors
- Style: 2 Story
- ROOF: Shingle
- BASEMENT: Full,Lower Basement Laundry,Stone,Walk Out/Outer Door
- Basement: Yes
- HEAT TYPE: Forced Air
- FUEL TYPE: Natural Gas
- COOLING: Central Air
- GAS: Master Meter
- ELECTRICITY: Separate Meter
- GARAGE TYPE: Common Garage,Detached
- Garage Capacity: 3
- WATER: Meter (s)
- WATER HEATER: Natural Gas
- Waterfront: No
- UTILITY/LAUNDRY: Common Laundry Area
- Sewer/Water: Pb Sewer/Pb Water
- PATIO/DECK: Porch
- Utilities-Heat Included: Y
- Utilities - Sep Elec: Y
- Utilities- Water Included: Y
- Utilites - Sewer Included: Y
Fees&Taxes
- Tax Amount: $ 4,616.00
- Tax Year: 2022
Miscellaneous
- Virtual Tour: https://app.cloudpano.com/tours/c2lYs5j6y
Courtesy of
- Office Name: EXIT GREATER REALTY
- Contact: Office: 715-298-2727