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Additional details
Listed by Miranda Tulip • Property Shoppe Realty LLC
$497,000
Est. payment /mo
3,336 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,336 sqft
Price per Sqft $148
MLS Listing ID 1599838
Style Multiplex
HOA Y/N No
Abv Grd Liv Area 3,336
Year Built 1988
Annual Tax Amount $8,871
Tax Year 2025
Lot Size 0.630 Acres
Acres 0.63
Property Sub-Type Multi Family
Property Description
Turnkey 6-Unit Investment Opportunity with Strong Upside Potential!
Don't miss this clean, well-maintained multi-family property offering immediate cash flow with room to significantly increase returns. Soon to be generating $5,140/month starting July 1st reflecting new price increases, this 6-unit complex presents a prime value-add opportunity and additional income potential from six garage stalls that could each rent for approximately $80/month. Only one currently rented.
Originally redesigned and extensively renovated in 2012, the building was effectively rebuilt with modern layouts and updates. Each unit features separate utilities, including individual electrical panels and 20-gallon water heaters, providing efficiency and ease of management.
The property includes a shared coin-operated laundry room and a private deck for the end unit, which also features its own in-unit washer and dryer. New front screen doors and well-kept interiors reflect pride of ownership throughout.
Additional highlights include a newer metal roof (unknown exact year) and a detached garage built in 2016, offering further income potential. Located in a convenient, high-demand area just behind a popular retail and convenience hub, the property benefits from strong rental appeal and tenant convenience.
Whether you're looking to expand your portfolio or step into a solid income-producing property with upside, this investment checks all the boxes—stable, clean, and full of opportunity.
Schedule your showing today and explore the potential this property has to offer!
Don't miss this clean, well-maintained multi-family property offering immediate cash flow with room to significantly increase returns. Soon to be generating $5,140/month starting July 1st reflecting new price increases, this 6-unit complex presents a prime value-add opportunity and additional income potential from six garage stalls that could each rent for approximately $80/month. Only one currently rented.
Originally redesigned and extensively renovated in 2012, the building was effectively rebuilt with modern layouts and updates. Each unit features separate utilities, including individual electrical panels and 20-gallon water heaters, providing efficiency and ease of management.
The property includes a shared coin-operated laundry room and a private deck for the end unit, which also features its own in-unit washer and dryer. New front screen doors and well-kept interiors reflect pride of ownership throughout.
Additional highlights include a newer metal roof (unknown exact year) and a detached garage built in 2016, offering further income potential. Located in a convenient, high-demand area just behind a popular retail and convenience hub, the property benefits from strong rental appeal and tenant convenience.
Whether you're looking to expand your portfolio or step into a solid income-producing property with upside, this investment checks all the boxes—stable, clean, and full of opportunity.
Schedule your showing today and explore the potential this property has to offer!
Location
State WI
County Clark
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s)
Heating Baseboard
Cooling Wall Unit(s), Wall/Window Unit(s)
Fireplace No
Appliance Dryer, Oven, Range, Refrigerator, Washer
Exterior
Parking Features Driveway
Water Access Desc Public
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Multiplex
Schools
School District Neillsville
Others
Tax ID 261.1447.001
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Nearby School & Business
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