Address
616 McClellan Street, Wausau, WI
Price
$ 285,000
Property Attributes
  • MLS#22234092
  • TypeMulti-Family
  • CountyMARATHON
  • CityWausau
  • AreaWausau
  • Zip54403
  • Style2 Story
  • Year Built1913
  • Taxes$ 4167
  • Price$ 285,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Central Wisconsin BOR (CWBR)
Property 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!

Price History
9/7/2023 Listed $399,900
9/18/2023 4% - $385,000
9/27/2023 10% - $350,000
10/16/2023 9% - $319,900
11/13/2023 11% - $285,000

General Features

Interior Features Window Treatments
Heating Hot Water
Roof Other
Laundry Y/N Available On Site,Coin-Op Dryer,Coin-Op Washer
Water Meter (s)
Construction Stucco
Gas Y/N Master Meter
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer
Status ACTIVE
Patio/Deck Porch
Water Heater Natural Gas
Style 2 Story
County Marathon County
Class Multi-Family
Tax Year 2022
Status Active
Subdivision WI
Area Wausau
Year Built 1913
Directions N 6th St to McClellan St
Street Name McClellan Street

Interior Features

Basement Yes
Electricity Master Meter
Total Number of Units 10
Fuel Type Natural Gas

Exterior Features

Garage Capacity 1
Lot Dimensions 60X115

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Central Wisconsin may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright © 2003 - 2015 Central Wisconsin Multiple Listing Service, Inc

Property vs Multi-Family Average in 54403

Price
AVG $990K
$290K
Taxes
AVG $15,778
$4,167
Visits
AVG 71
98
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1913
Walkscore
AVG 70
86
Data Provided by Walkscore® not using MLS data