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Active
$399,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,813 sqft • 0.1 acres
River Falls schools
MLS# 6649920
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    Property Description

    Welcome to "Big Red" â?? a remarkable investment opportunity in River Falls, WI! This spacious 8-bedroom, 2-bath home has been thoughtfully updated with new siding, roof, and porch, ensuring both curb appeal and lasting durability. Designed with college students in mind, the property features ample living space perfect for shared accommodations and easy maintenance. Its large, open layout offers plenty of common areas for studying, socializing, and relaxation, while its recent upgrades provide peace of mind for investors. Ideally situated near campus amenities and local transit, "Big Red" is positioned to attract quality tenants and deliver excellent rental returns. Don't miss your chance to own a high-demand rental property in one of River Fallsâ?? most sought-after neighborhoods!

    Listing

    Contingency: None
    Price per sq ft: $142
    City: River Falls
    County: Pierce
    State: WI
    Property Style: Duplex Up and Down
    Zip Code: 54022
    Subdivision Name: River Falls

    Interior

    Living Area: 2,813 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Egress Window(s)

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,500 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Shared Amenities:
    • Coin-op Laundry Owned
    • Deck
    Exterior Material: Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.1
    Geolocation: 44.857744, -92.623728
    Lot Dimensions: 60.74 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 4893
    District Phone: 715-425-1800

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,344
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,324
    Annual Trash Expense: $432
    Annual Water/Sewer Expense: $1,152
    Tenant Expenses: Electricity, Gas, Snow Removal

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,466
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,466

    Income

    Annual Gross Income: $33,180
    Misc. Monthly Income: $75

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Listing provided by RMLS, courtesy of Property Executives Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.