SoldMay 16, 2025

Listed by The Waraksa Group

Bought with LARKIN REAL ESTATE GROUP from FIRST WEBER

Source: Wisconsin Real Estate Exchange #803746782788

707 East Thomas Street, Wausau, WI, 54403

$138,000

3
2
2
2064 sq. ft.

MultiFam

•

Sold: May 16, 2025

What's around 707 East Thomas Street

About this property

Your investment opportunity awaits with this affordable duplex, ideally located in the heart of Wausau?s East Side. The lower unit is a spacious 1-bedroom, 1-bath featuring an abundance of charm, boasting 9-foot ceilings, archways, built-ins, and more. Upon entering, you?re welcomed by a small foyer and coat closet that opens up to a bright and inviting living space. The living room offers several windows, allowing ample natural light to fill the space. Down the hall, you'll find a large, open kitchen with luxury vinyl plank flooring throughout. A built-in spice rack adds a charming touch, while the large island (not included) and abundant cabinetry provide plenty of space for meal prep. Adjacent to the kitchen is the full bath, which features an updated shower and built-in shelving for linens. The oversized bedroom offers generous space for furniture, comfortably fitting a king-sized bed, and includes two separate closets.,The main level has access to the basement for extra storage. There is a water hookup for a potential laundry installation, and it has a private entrance for the upper unit to utilize as needed. The seller recently had the chimney professionally evaluated, sealed, and decommissioned, so it is no longer in use. Both the upper and lower units have their own water heater and furnace, all installed in 2023. The home?s roof was replaced in 2016. Access to the upper unit is via the large 8' x 26' covered front porch. Inside the foyer, built-in cabinets provide extra storage and ample space for shoe racks. A newly installed light ensures safety upon entry. The cozy upper unit is slightly smaller, featuring a dining room that flows into the kitchen, living room, bathroom, and two bedrooms. An attic door has been sealed to prevent drafts. The kitchen boasts a large pantry and gas stove, as well as access to the enclosed back porch, offering added potential for tenant enjoyment. The property includes a two-car detached garage, with parking for the upper unit available to the side, accessible from the alleyway, while the lower unit has driveway parking. The current owners cover water costs and handle snow removal and lawn care. The lower unit has a signed one-year lease (until December 2024) at $775/month, while the upper unit is on a month-to-month lease at $870/month. This spring, the city will be replacing the lead pipes from the road to the house. The seller is working to get an anticipated timeline for the project. Book your showing today!

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