2713 Thomas DrEau Claire, WI 54701

For Sale
$1,170,000

12-Unit Multifamily, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 12-unit apartment building, located at 2713 Thomas Drive in Eau Claire, Wisconsin, presents a compelling investment opportunity. Built in 1966, the property boasts 9,032 square feet situated on a 0.521-acre lot, zoned for residential multifamily use. The asking price is $1,170,000, translating to $129.54 per square foot. Each of the twelve units features its own gas furnace and individually metered water, contributing to efficient utility management and potentially higher rental income. Two sets of on-site coin-operated laundry facilities provide an additional revenue stream. Residents benefit from tenant storage units in the basement and assigned off-street parking. The property's prime location offers convenient access to schools, Mayo Clinic Health System, Chippewa Valley Technical College, and various restaurants, ensuring high occupancy rates and strong rental demand. The building's well-maintained condition and solid rental history further enhance its investment appeal. This property is an excellent addition to any real estate portfolio seeking stable income and long-term growth. The property is situated in Eau Claire County, Wisconsin, zip code 54701.

Highlights

  • 12-unit apartment building in Eau Claire, WI, offering a compelling investment opportunity.
  • 9,032 sq ft building on a 0.52-acre lot, zoned multifamily.
  • Asking price: $1,170,000 ($129.54/sq ft).
  • Each unit has its own gas furnace and individually metered water.
  • Two coin-operated laundry facilities generate additional income.
  • Tenant storage and assigned off-street parking.

Property Details for 2713 Thomas Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
9,032 SF
Year Built
1966
Lot Size (sq. ft)
22,695 SF
Units
12

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.7909167
Longitude
-91.5061874
2713 Thomas Dr, Eau Claire, Wisconsin

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2713 Thomas Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message