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Listed by ASHLEY FREDRICK • NEXTHOME HUB CITY
$ 254,500
Est. payment /mo
Active
806-808 E VILAS STREET #808 E. Vilas Sr. Marshfield, WI 54449
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality MARSHFIELD
MLS Listing ID 22600870
Bedrooms 2
Year Built 1972
Annual Tax Amount $4,248
Tax Year 2025
Property Description
INVESTORS TAKE NOTE! Here's your opportunity to own a well-maintained, income-producing duplex with established tenants and immediate cash flow. Recent updates include a new A/C unit for the daycare, and the residential unit rent has recently been increased to $850/month. The upper unit offers 2 bedrooms, 1 bath, an efficient kitchen with appliances included, a bright living room, spacious bedrooms, full bath, and a one-stall garage. The lower level is occupied by a long-standing daycare business that has successfully operated from the property for years and would like to remain, providing built-in stability for the next owner. Situated on a generous .82-acre lot within city limits, this property features a partially fenced yard, a quiet location, and convenient access to shopping, parks, schools, and the medical complex. Current rents are $850/month for the residential unit and $1,400/month for the commercial daycare space. With strong rental history, reliable tenants, and recent improvements, this is an excellent opportunity to add a proven performer to your investment portfolio.,*Changing the daycare back to a residential unit would need to meet residential building codes and the property would no longer be allowed to operate a commercial daycare onsite. Any changes in current use are directed to the city for further clarification.
Location
State WI
County Wood
Zoning Multi-Family
Interior
Interior Features Smoke Detector(s)
Heating Electric
Cooling Baseboard
Equipment Refrigerator, Range/Oven
Exterior
Exterior Feature Vinyl, Wood
Parking Features 1 Car
Garage Spaces 1.0
Utilities Available Separate Electric Meters
Roof Type Shingle,Metal
Building
Dwelling Type Duplex,1 Story
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Middle Schools Marshfield
High Schools Marshfield
School District Marshfield
Others
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