429 Niagara StEau Claire, WI 54703
- Hospitality properties
- 1,820 SF
Property Details for 429 Niagara St
- Year built
- 1891
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 1,820 SF
- Property type
- Hospitality properties
- Property subtype
- Multifamily properties
Description
This exceptional turn-key investment opportunity presents a two-unit multifamily property ideally situated in Eau Claire, Wisconsin, at 429 Niagara St, 54703. Built in 1891, this property boasts a total of 1,820 square feet on a 0.19-acre lot. The property currently features six bedrooms spread across the two units, making it highly attractive to student renters. Both units are currently leased for the academic year, ensuring immediate cash flow for the new owner. Its prime location near the University and Water Street is a significant draw for students, guaranteeing consistent occupancy. The property also offers potential for additional rental income from on-site garages (details to be discussed). This owner-user investment is priced at $369,900 and offers a compelling return on investment. The property's historical charm combined with its modern appeal and strategic location makes it an exceptional addition to any investment portfolio. Ownership transfers at closing. MLS#1585148.
Location Insight
- City
- Eau Claire
- County
- Eau Claire
- State
- Wisconsin
- Latitude
- 44.8039
- Longitude
- -91.5095
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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