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$279,900
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1881
1,792 sqft • 0.2 acres
Eau Claire Area schools
MLS# 7120804
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    Property Description

    Great investment opportunity with this well-maintained, low-maintenance triplex offering solid cash flow. Whether you're looking to add to your portfolio or get started with multifamily investing, this property is a practical option with steady income potential. Perfect opportunity to live in one unit and rent out the others to cover your mortgage! The units are clean and functional, with updates and features that help keep maintenance costs manageable. Strong rental demand, a convenient location, and an efficient layout make this an attractive property for both tenants and investors. If you're looking for a straightforward investment with consistent income and room for long-term value, this triplex is worth a look.

    Listing

    Contingency: None
    Price per sq ft: $156
    City: Eau Claire
    County: Eau Claire
    State: WI
    Property Style: Triplex
    Zip Code: 54703
    Subdivision Name: Wilsons Add

    Interior

    Living Area: 1,792 ft2
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 600 ft2
    Foundation Size: 896 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.2
    Geolocation: 44.82258, -91.51576
    Lot Dimensions: 66 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 1554
    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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,616
    Lender-owned: No
    Assessment Pending: Unknown
    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

    Mortgage Calculator

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    Payment:  /mo

    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!

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    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.