719/715 KICKBUSCH STREET Wausau WI 54403
Multi-Family
$ 189,900.00
- MLS #: 22232426
- Date added: 06/16/23
- Post Updated: 2023-09-06 03:46:08
- Type: Other
- Status: Active - With Offer
- Lot Size: 0x0
- Year built: 1900
Description
Here is an investment opportunity in the heart of Wausau. This convenient package of neighboring rental homes presents a chance to secure a a single family home and a duplex properties with (month-to-month) tenants and an opportunity for rental rate appreciation due to below-market rents. The current rent rate for both is $2,185 per month or $26,220 a year! Being sold as is, this portfolio offers a convenient and straightforward investment strategy. While deferred maintenance and updates are needed to optimize rental income, the current state allows for an immediate revenue stream. Please note that the tax idâs included in the sale are: 719 Kickbusch St – 291-2907-362-0430; 715 Kickbusch St – 291-2907-362-0429. DO NOT DISTURB TENANTS. Showings will only be allowed for Buyers who can provide Proof of Funds or a strong commercial pre-approval. Showings require 48-hour notice, not including weekends. There are no signs on the properties. Properties also listed individually for sale.
Rooms&Units Description
- Number of Units: 4
- Unit 1 Rm: 5
- Unit 1 Bd: 2
- Unit 1 Bth: 1
- Unit 1 Ref/Rg: 1
- Unit 1 Dep: 475
- Unit 1 Lease: Y
- Unit 1 Sq Ft: 768
- Unit 2 Rm: 5
- Unit 2 Bd: 2
- Unit 2 Bth: 1
- Unit 2 Ref/Rg: 1
- Unit 2 Lease: Y
- Unit 2 Sq Ft: 768
- Unit 3 Rm: 7
- Unit 3 Bd: 3
- Unit 3 Bth: 1
- Unit 3 Ref/Rg: 1
- Unit 3 Rent: 1035
- Unit 3 Lease: Y
- Unit 3 Sq Ft: 1340
Location Details
- Municipality: Wausau, City of
- County: Marathon County
- Directions: Grand Ave to Kickbusch St
- Area Desc: Wausau
- ZONING: Residential
Property Details
- CONSTRUCTION: Wood
- Sale/Rent: For Sale
- Annual Rent: 31,980
- Age: 123
- Home Warranty Included: Yes
- OCCUPANCY: Tenant Rights
Property Features
- INTERIOR: Carpet,Vinyl Floors,Wood Floors
- Style: Other
- ROOF: Shingle
- BASEMENT: Full,Partial
- Basement: Yes
- HEAT TYPE: Baseboard
- FUEL TYPE: Natural Gas
- ELECTRICITY: Master Meter
- GARAGE TYPE: Detached
- Garage Capacity: 4
- # Fireplaces: 1
- WATER: Meter (s)
- WATER HEATER: Electric,Natural Gas
- Waterfront: No
- Sewer/Water: Pb Sewer/Pb Water
- Utilities-Heat Included: N
- Utilities - Elec Included: N
- Utilities- Water Included: N
- Utilites - Sewer Included: N
Fees&Taxes
- Tax Amount: $ 9,944.00
- Tax Year: 2022
Courtesy of
- Office Name: SCS REAL ESTATE
- Contact: Phone: 715-370-3037