For Sale: Eau Claire MLS# 7057064
Active
$289,900
Multi-family: Triplex
4 br • 3 ba • Built 1881
1,792 sqft • 0.2 acres
Madelia schools
MLS# 7057064
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Property Description
Rare find! Check out this great cash-flowing triplex in the heart of Eau Claire. Close proximity to downtown and UW Eau Claire means there's always high demand and a great tenant base to choose from. This triplex is fully occupied with great long term and paying tenants who are on month-to-month leases giving the new owner great flexibilty and cash flow from day 1, or perfect for an owner occupier looking to have tenants cover your mortgage expenses. This fantastic property surely will not last long. Schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$289,900
Price per sq ft:
$162
Property Type:
Multi-family
City:
Eau Claire
Garage Spaces:
3
County:
Eau Claire
Year Built:
1881
State:
WI
Property Style:
Triplex
Zip Code:
54703
Subdivision Name:
Wilsons Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
1,792 ft2
Living Area:
1,792 ft2
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
600 ft2
Foundation Size:
896 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Forced Air
Parking Features:
Detached Garage
Lot & Land
Acres:
0.2
Geolocation:
44.82258, -91.51576
Lot Dimensions:
66 x 132
Schools
School District:
837
District Phone:
7158333465
Expenses
Annual Caretaker Expense:
$6,000
Annual Electric Expense:
$7,200
Annual Fuel Expense:
$2,400
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
None
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,616
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,616
Income
Annual Gross Income:
$45,600
Rent
Annual Net Income:
$27,000
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.