Wausau, WI 54403,511 FRANKLIN STREET
Wausau, WI 54403,511 FRANKLIN STREET
Wausau, WI 54403,511 FRANKLIN STREET
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$399,900
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4,819 SqFt
Active

511 FRANKLIN STREET Wausau, WI 54403

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Key Details

Property Type Commercial

Sub Type Real Estate For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 4,819 sqft

Price per Sqft $82

MLS Listing ID 22500816

Year Built 1908

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Real Estate For Sale

Property Description

ATTENTION INVESTORS AND ENTREPRENEURS! Here is a rare opportunity to own a piece of Wausau history and a great rental property at the same time! Formerly known as the Rosenberry Inn (named after Judge Rosenberry who lived in the property in the 1930's), the Bougainvillea Bed & Breakfast consists of 8 individual units, each with its own private bathroom and kitchenette. The units are fully furnished, and romantically capture the feeling of a bygone era. Each room is unique in its own way, and there is a large central kitchen and dining room on the main level which can be rented out for extra income. Full laundry services are on-site in the basement, and there is ample private parking behind the building. Currently each unit is rented on a weekly basis serving as premier short-term housing for guests who visit Wausau from all over the country. All systems in the property have been updated and kept in good repair, and the seller is including a 1-year home warranty with the sale. When fully rented, this property is a ‘Cash-Cow', bringing in around $8,000/month.

Location

State WI

County Marathon County

Area Wausau

Zoning Residential

Rooms

Other Rooms 8

Basement Full, Stone

Interior

Heating Hot Water, Radiant

Cooling Wall

Exterior

Parking Features 6

Parking On Site 6

Roof Type Shingle

Building

Lot Description As an added bonus, this can be purchased along with 512 Franklin St, known as the “Devoe House”. Originally built by William DeVoe around 1868, it is thought to be Wausau’s oldest surviving property, and consists of 2 beautifully updated studio units, bringing in appx. $2, 000/month when fully rented. Both properties (10 units total) may be purchased as a package for $549, 900. Come see these beautiful historic properties today! Property is Agent Owned.

Story 3

Sewer Municipal Sewer, Municipal Water

Water Municipal Sewer, Municipal Water

Level or Stories 3

Others

Restrictions NO

Tax ID 219-2907-253-0332

Miscellaneous Gas Hot Water Heater,Utility Master Meter,Smoke Detectors

Energy Description Natural Gas


Listed by COLDWELL BANKER ACTION

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agent

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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511 FRANKLIN STREET