1613 N 3RD AVENUE
Wausau, WI 54403
- – beds
- – baths
- – sqft
- 1900 build
- – on site
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.
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Last updated May 21, 2024
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MLS# 22401653 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/24
May 8, 2024
|
Price Changed | WIREX_CWBR | $234,900 | -2.1% |
|
5/1/24
May 1, 2024
|
Listed / Active | WIREX_CWBR | $239,900 |