- 404 Olive Street Chippewa Falls, WI 54729
- $275,000
- MLS #1600870
Property Description
Turnkey investment opportunity with consistent income and low-maintenance ownership. This multi-unit property features three separate units currently generating $2,550 per month in rental income. The property includes a studio unit ideal for single occupants or flexible rental options, an upper-level two-bedroom unit with comfortable living space, and a spacious main-level two-bedroom unit occupied by long-term tenants. The main unit tenants also rent the on-site shop, adding to the overall income stability. This property has been easy to maintain for the current owners, making it a hassle-free addition to any investment portfolio. Whether you are looking to expand your portfolio or step into real estate investing, this property offers steady cash flow and reliable tenancy. All investors are welcome to explore this solid income-producing opportunity.
Basic Features:
| Style | Triplex |
|---|---|
| Type | ResidentialIncome |
| Year Built | 1880 |
| School District | Chippewa Falls Area Unified |
| County | Chippewa |
| Lot Size | 124 x 66 x |
| Acreage | 0.19 acres |
| Above Grade | 2,334 sq ft |
| Below Grade | 0 sq ft |
| Tax $ / Year | $3,128 / 2025 |
Includes:
ElectricWaterHeater,GasWaterHeater,Oven,Range,Refrigerator
Excludes:
N/A
| Basement | CrawlSpace,Partial |
|---|---|
| Cooling | None |
| Electric | CircuitBreakers |
| Exterior Features | MetalSiding |
| Heating | Baseboard,HotWater |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Laundry | N |
| # | Beds | Baths (F/P) | Rent | Lease | Garage | Remarks |
|---|---|---|---|---|---|---|
| 26018422 | 2 | 1/0 | $1,150 | Mthly | Tenant rents out the shop and uses it for their... | |
| 26018423 | 2 | 1/0 | $800 | Mthly |
Listing Agency:
Property Shoppe Realty Llc
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