912 N 6TH STREET Wausau WI 54403
Multi-Family
$ 499,900.00
Description
This property package presents a lucrative investment opportunity with stable rental income, recent renovations, and potential for further income from the vacant restaurant space. This listing includes two buildings: a 5-plex at 912 N 6th St and a mixed-use building at 525/527 Fulton Street. 912 N 6th St – 5-Plex Units: Three one-bedroom units, one two-bedroom unit, and one studio. Occupancy: All units are fully rented and generate excellent cash flow (see attached documents for details). Recent Updates: Remodeled apartments New siding in 2024 New asphalt driveway connecting the two properties 525 Fulton St – Mixed-Use Building Units: One apartment upstairs (occupied) and a vacant restaurant space downstairs. Vacancy: The downstairs restaurant space, formerly occupied by Taqueria Tres Hermanos, is currently available for a new tenant. Investment Highlights Combined Rental Income: Offers a 7% CAP rate, making it a fantastic investment opportunity. Utilities: The seller pays for all utilities for both buildings. Appeal: Strong rental income potential and recent property improvements.
Rooms&Units Description
- Unit 1 Bd: 1
- Unit 1 Bth: 1
- Unit 1 Rent: 800
- Unit 2 Bd: 1
- Unit 2 Bth: 1
- Unit 2 Rent: 1000
- Unit 3 Bd: 1
- Unit 3 Bth: 1
- Unit 3 Rent: 775
- Unit 4 Rm: 1
- Unit 4 Bd: 1
- Unit 4 Rent: 800
- Unit 5 Bd: 2
- Unit 5 Bth: 1
- Unit 5 Rent: 875
- Unit 6 Bd: 1
- Unit 6 Bth: 1
- Unit 6 Rent: 525
Location Details
- Municipality: Wausau, City of
- County: Marathon County
- Directions: corner on N 6th & Fulton
- Area Desc: Wausau
Property Details
- BelowGrade UNFINISHED Sqf: 648
- CONSTRUCTION: Vinyl
- Acreage: 0.15
- Sale/Rent: For Sale
- Age: 144
Property Features
- APPLIANCES: Refrigerator,Range
- Style: 2 Story
- ROOF: Shingle
- Basement: Yes
- HEAT TYPE: Hot Water,Forced Air
- FUEL TYPE: Natural Gas
- Parking: Blacktop/Asphalt,Off Street
- Garage Capacity: None
- WATER HEATER: Natural Gas
- Waterfront: No
- UTILITY/LAUNDRY: None
- Sewer/Water: Pb Sewer/Pb Water
- Utilities-Heat Included: Y
- Utilities - Elec Included: Y
- Utilities- Water Included: Y
- Utilites - Sewer Included: Y
Fees&Taxes
- Tax Amount: $ 0.00
- Tax Year: 2023
Courtesy of
- Office Name: AMAXIMMO LLC
- Contact: Phone: 715-841-0015