2713 Thomas DrEau Claire, WI 54701

Property Details for 2713 Thomas Dr

Year built

1966

Lot size

0.52 AC

Property size (Sq ft)

9,032 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.7909

Longitude

-91.5062

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