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$314,900

4 Beds 2 Baths 1,898 SQFT 0.21 Acres
Type: Commercial

524 S Dakota Avenue
New Richmond, WI 54017

MLS#: 7158841
Laura Thooft
Laura Thooft
The Real Estate Advantage
Real Estate Professional
Phone: 952.239.6611
Office: 952.226.7700
Presented by: A Hometown Realty

Property Description

 

This fantastic duplex has been completely renovated, with 3 bedrooms and one bath upstairs and one bedroom one bath on the lower (basement) level, this could easily be turned back into a single family home as well, updated electrical, new meter (2 separate meters), this property has been a rental for 12 years by the same owner, new concrete driveway, trim, new hard wood flooring, appliances, kitchen remodel, paint, countertops, updated bathrooms. It is within walking distance of everything downtown, near businesses, athletic club, library and schools. Great opportunity for a family with an older child or an investor who wants to add to their portfolio. This is a fantastic opportunity that is turn key and ready to rent immediately. Rent has never been received with the brand new remodel, amounts tbd. Lower level appliances were delivered and installed. I believe this would fetch with rent rates vs purchase price 1%, in accordance with current rent rates in the area.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Basement (Y/N)No
Foundation Dimensions24x32
FuelElectric, Natural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Range, Refrigerator, Stainless Steel Appliances
CityNew Richmond
ContingencyNone
CoolingNone
CountySt. Croix
Current UseResidential
DirectionsTake I-94 east toward Eau Claire. Take the WI-35 / County Road A exit toward New Richmond. Follow County Road A north toward New Richmond. Continue into New Richmond and take S. Knowles Avenue. Turn
Garage Spaces0
HeatingBaseboard, Forced Air
High School DistrictNew Richmond
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total2
PostalCityNew Richmond
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCity/New Richmond
Tax Annual Amount$2,965
Tax Year2026
Tenant PaysAll Utilities
UtilitiesHeating Separate, Hot Water Separate
Year Built1940
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total1,898 sqft
FencingChain Link
Foundation Area769 sqft
InclusionsOther
Lot Dimensions24x32
Lot Size Area0 sqft
Parking FeaturesConcrete
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$314,900

4 Beds 2 Baths 1,898 SQFT 0.21 Acres
Type: Commercial

524 S Dakota Avenue
New Richmond, WI 54017

MLS#: 7158841
Laura Thooft
Laura Thooft
The Real Estate Advantage
Real Estate Professional
Phone: 952.239.6611
Office: 952.226.7700