628 Germania Street 1-3,Eau Claire, WI 54703
Eau Claire, WI 54703
Description
Well-located triplex at 628 Germania St offering a solid investment opportunity just minutes from downtown and within easy walking distance off Birch St. This property has a strong rental history with long-term tenants and consistent occupancy. Unit 1 is now vacant after being occupied since 2011 at $900/month (tenant paid electricity and gas), presenting an excellent opportunity for owner-occupancy or the ability to update and increase rents. Unit 2 rents for $775/month with a lease through April 30, 2027; tenants have been in place since 2012 and pays for electricity and gas. Unit 3 rents for $625/month with a lease through July 31, 2026; tenants have been in place since 2021 and pays for electricity and gas. Landlord covers water/sewer, garbage and lawn/snow, while tenants are responsible for their own separately metered electricity and gas. Major recent improvement includes a brand new roof installed on April 2026 featuring a 50-year transferable warranty, offering peace of mind for years to come. Seller is retiring and has moved out of country, property is being sold AS-IS. This property offers immediate income with upside potential through cosmetic updates and future rent adjustments. Ideal for both investors looking to add to their portfolio or owner-occupants seeking to offset their mortgage with rental income. Leases, rent ledgers, and financial statements are available for review with pre-approval or proof of funds.
Details
| MLS # | 1600760 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 110 |
| Listing Provided By | Donnellan Real Estate | Adrian Ong |
Features
| SQ Feet | 2,086 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | Residential-Multifamily |
| Acreage | 0.20 |
Parking
| Parking Features | Driveway, Gravel |
|---|
Taxes
| Tax Annual Amount | 2903.29 |
|---|
Area Information
| State | WI |
|---|---|
| County | Eau Claire |
| City | Eau Claire |
| Zip Code | 54703 |
| Listing VS Median (in 54703) | |
Price: $199,999 low | high Med: $319,950 sqft: 2,086 low | high Med: 1,799 $ / sqft: $96 low | high Med: $179 On site: 110 low | high Med: 26.5 | |
Market Activity 54703
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Learn More About This Property
| State | WI |
|---|---|
| County | Eau Claire |
| City | Eau Claire |
| Zip Code | 54703 |
| Listing VS Median (in 54703) | |
Price: $199,999 low | high Med: $319,950 sqft: 2,086 low | high Med: 1,799 $ / sqft: $96 low | high Med: $179 On site: 110 low | high Med: 26.5 | |
