1613 North 3rd Avenue, Wausau, WI 54403 $234,900

1613 North 3rd Avenue, Wausau 0 Units $234,900 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 0
  • Garage Size: 2.0
  • Garage Type: Opener Included,2 Car
  • Est. Year Built: 1900
  • Estimated Age: 21+ Years
  • Square Feet: 0
  • Est. Lot Size: 118x168
  • School District: Wausau
  • High School: Wausau
  • County: Marathon
  • Property Taxes: $3,782
  • Property Tax Year: 2023
  • MLS#: 22401653
  • Listing Company: Amaximmo Llc - Phone: 715-841-0015
  • Zip Code: 54403

1613 North 3rd Avenue, Wausau, WI 54403 - Presenting A Distinctive Duplex That Stands Apart From The Ordinary, This Investment Property Boasts A Prime Location Near The Tech Hub And Has Undergone A Comprehensive Top-To-Bottom Renovation. The Duplex Features Separate Utilities, Including Water, Leaving The Owner Responsible Only For Taxes And Potentially Some Yard Maintenance, Unless Tenants Opt To Handle It?a Likely Scenario. Adding To Its Appeal Is A Spacious 2-Car Garage. Each Unit Has Its Own Private Entry, Ensuring Optimal Tenant Privacy. The Layout Is Carefully Designed To Provide Maximum Privacy For Each Tenant, Creating A Comfortable Living Environment. Unit 1 Is Rented For $1,100 (tenant Pays Utilities), Unit 2 Is Under A Short-Term Rental For $1,200 (utilities Included, For Long Term Rental Tenant Would Pay All Utilities. Each Unit Has A Separate Meter For Gas, Electricity & Water.,at The Listed Price, This Property Is Anticipated To Yield An Impressive Almost 7.59% Capitalization Rate (cap Rate), Making It A Rare And Lucrative Opportunity In Any Market. The Recent Renovations Include New Flooring, Complete Drywall And Paint Updates, A Newly Installed Heating System Upstairs With A Furnace, Upgraded Light Fixtures, Renovated Bathrooms And Kitchen, And Refreshed Decks. Additionally, Both Units Feature Brand New Appliances, Transforming Them Into Essentially Two Entirely New Living Spaces. This Duplex Is Not Just An Investment; It'S A Modern And Revitalized Living Experience. Property Is Owned By A Real Estate Broker.

Additional Features
  • Heating/Cooling: Forced Air Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water, Separate Meter
  • Appliances Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Misc Interior: Smoke Detector(s)
  • 2 Story, Duplex
  • Roof: Shingle
  • Exterior: Deck
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: 118x168
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
22401653 May 8 2024 12:09PM $234,900 $239,900 16
22401653 Active May 1 2024 4:09PM $239,900 16

Estimated Monthly Payment

$3,287 per month
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