1830 Wheaton St Chippewa Falls, WI 54729
- Apartment buildings
- 7,000 SF
- 1.00 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1830 Wheaton St
- Year built
- 1976
- Lot size
- 1.00 lot acres
- Property size
- 7,000 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a nine-unit apartment building situated at 1830 Wheaton Street in Chippewa Falls, Wisconsin, 54729. The property boasts a total of 7,000 square feet and sits on a one-acre lot. Constructed in 1976, this multifamily property comprises nine units, each featuring two bedrooms and one bathroom. A significant advantage is the inclusion of a detached two-car garage, offering additional value and potential rental income. Further enhancing the property's income stream is a coin-operated laundry facility, generating supplemental monthly revenue. The building enjoys a history of solid rental income, presenting a clear path to increased cash flow. Currently, the landlord covers all utilities; however, electricity is separately metered for each unit, offering potential for cost savings and increased profitability. This property represents a compelling investment opportunity in a stable market, with the potential for immediate returns and long-term growth. The property's location in Chippewa Falls provides convenient access to local amenities and services. This is a turnkey investment ready for a new owner to step in and manage.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chippewa Falls
- County
- Chippewa
- State
- Wisconsin
- Longitude
- -91.4081
- Latitude
- 44.9479
