$399,900
Description
Investors! Excellent cash flow in this 8-plex along Hemlock Creek in an excellent location and close to Wisconsin Rapids, Marshfield and Stevens Point. Three 2 bedroom/1 bath units and five 1 bedroom/1 bath units. Updates include siding, windows and concrete sidewalks/patio and steps in 2017. Rolled roof is approximately14 years old, and the new furnace in Apartment 2 in 2019. Lower four units have furnace and upper 4 units' electric heat. Ample parking, large lot, central location, close to city park and other amenities. Unit 1 & 2 have central air. Rent roll is $4720 per month. Tenants pay all utilities and owner pay common area electric $22 per month and garbage $150 per month. Unit is located in a flood plain and seller pays $2400 for home owners and $1800 for flood insurance per year.
Property Details
Interior
- Refrigerator, Range/Oven
- Full Baths: 3
- Smoke Detector(s), Utility Room
- Total Sqft: 0
Exterior
- Vinyl
- Porch
- Details: None
- Size: .52
- Flat
- Body of Water: Hemlock Creek
- Features: Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet, Waterfrontage on Lot, 101-199 feet
- Waterfront: Y
- Municipal Water, Municipal Sewer, Separate Meter
Misc.
- N
- Code: 54489
- Name: CAMERON AVENUE
- Suffix: AVENUE
- 2024
- Details: Separate Electric Meters,Separate Heat,Separate Gas Meters
- Pricing: N
- Commercial
Map
- Cameron Ave
Monthly Payment Calculator
Schools and Neighborhood
- Wisconsin Rapids
- Vesper
- Name: VESPER
- Type: Village
- WOOD
Listing Information
- Time on Market: 43 days
- Place Perfect Last Updated: 2025-09-04 15:36:15
- MLS Number: 22503556
- Subsystem Locale: WIREX_CWBR
- Listing Office: NEXTHOME PRIORITY
- Listing Agent: JUSTIN LEICK
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