616 McClellan Street Wausau, WI 54403
Listing Courtesy of: CENTRAL WISCONSIN / Coldwell Banker Action / Jake Rybarczyk - Main: 715-359-0521
$385,000

  616 McClellan Street Wausau, WI 54403

Active (4 Days)

Description

Investors take note! This home features 10 units that can be rented out and offers lots of potential. Right now it is being used as one main level rental unit that is a 2 bedroom 1 bath. The rest of the units are rooms that are rented out with a shared kitchen and 2 shared bathrooms. The sellers are including a set of coin operated washer and dryer giving tenants on site laundry. There is ample street parking as well as on site parking. There is a garage on the property but it is currently being used for storage now. Right now the property has 2 vacancies but when the property is fully rented it brings in $4390 as is. The lower unit is rented for $795 (room to increase) and the current owner has been renting the rooms out for $450 each. The property could be updated and rents could be increase if the new owner wanted to. There is potential with the separate rooms to also turn the property into an Air BnB with multiple units to take advantage of the short term rental market. All in all this is a great investment property and can be a great money maker!,Call today for your personal showing!

MLS #:
22234092
Taxes
$4,167(2022)
Type
Multifamily
Year Built
1913
Style
2 Story
Views
No
School District
Wausau
County
Marathon County
Bathroom Details
Interior Features
  • Appliances : Dryer
  • Appliances : Washer
  • Appliances : Dishwasher
  • Appliances : Range/Oven
  • Appliances : Refrigerator
  • Interior Amenities : Utility Room
  • Interior Amenities : All Window Coverings
Heating and Cooling
  • Hot Water
Exterior Features
  • Stucco
  • Roof: Other
Utility Information
  • Utilities: 1 Gas Meter, 1 Electric Meter
  • Sewer: Master Meter, Municipal Sewer, Municipal Water
  • Fuel: Natural Gas
School Information
  • High School: Wausau
Garage
  • 1 Car
Stories
  • 2
Additional Information: Action | Main: 715-359-0521
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 18, 2023
Price Changed
$385,000
-4%
-14,900
Disclaimer: Copyright 2023 Central Wisconsin Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/21/23 17:54