912 N 6Th Street & 525 Fulton Street
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912 N 6Th Street & 525 Fulton Street
2 Properties Offered at $475,000 in Wausau, WI
Executive Summary
This property package presents a lucrative investment opportunity with stable rental income, recent renovations, and potential for further income from the vacant restaurant space. This listing includes two buildings: a 5-plex at 912 N 6th St and a mixed-use building at 525/527 Fulton Street. 912 N 6th St - 5-Plex Units: Three one-bedroom units, one two-bedroom unit, and one studio. Occupancy: All units are fully rented and generate excellent cash flow (see attached documents for details). Recent Updates: Remodeled apartments New siding in 2024 New asphalt driveway connecting the two properties
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
---|---|
Gross Rental Income | $99,999 |
Other Income | $99,999 |
Vacancy Loss | $99,999 |
Effective Gross Income | $99,999 |
Taxes | $99,999 |
Operating Expenses | $99,999 |
Total Expenses | $99,999 |
Net Operating Income | $99,999 |
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Other Income | |
---|---|
Annual | $99,999 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Taxes | |
---|---|
Annual | $99,999 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Total Expenses | |
---|---|
Annual | $99,999 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Property Facts
Price | $475,000 | Status | Active |
Price / SF | $131.80 / SF | Number of Properties | 2 |
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Cap Rate | 7.88% | Total Building Size | 3,604 SF |
Sale Type | Investment | Total Land Area | 0.11 AC |
Price | $475,000 |
Price / SF | $131.80 / SF |
Sale Conditions | Bulk/Portfolio Sale |
Cap Rate | 7.88% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 3,604 SF |
Total Land Area | 0.11 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
912 N 6th St, Wausau, WI 54403 | Multifamily | 1,078 SF | - | - |
525 Fulton St, Wausau, WI 54403 | Retail | 2,526 SF | 1902 | - |
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912 N 6Th Street & 525 Fulton Street
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