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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 Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.88% | Total Building Size | 3,604 SF |
| Sale Type | Investment | Total Land Area | 0.17 AC |
| Price | $475,000 |
| Price / SF | $131.80 / SF |
| Sale Condition | 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 | 0.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 912 N 6th St, Wausau, WI 54403 | Multifamily | 1,078 SF | 1880 | - |
| 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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