452 Franklin Street Street Unit 1 and 2, Mondovi, WI 54755
- $135,000
- 1,712
- SqFt
Listing courtesy of RE/MAX Results Eau Claire. Selling Office: .
- Sold Price
- $135,000
- List Price
- $145,000
- Closing Date
- Dec 29, 2025
- MLS#
- 1597243
- Status
- CLOSED
- Year Built
- 1900
- County
- Buffalo
- Municipality
- Mondovi
- TotalSqFt
- 1,712
- Acres
- 0.20
Property Description
100% Leased Duplex With Long-Term Tenants + Recent Capital Improvements. This fully leased duplex is an excellent fit for investors, especially those looking to make a smart first step into multifamily ownership with an estimated cap rate of 9%, depending on operating costs and management strategy. The property includes two 2-bedroom, 1-bath units, both occupied with leases secured through June and July of 2026, providing consistent and predictable income. The duplex generates $1,425/month ($17,100/year) in current rent. Both tenants are already accustomed to online rent payments and automatic late-fee structures, offering smoother collections for any buyer who prefers to continue with a digital platform (currently apartments.com). A new roof installed in 2022 and electrical upgrades completed in 2024 provide recent major updates significantly reducing near-term maintenance concern. This duplex presents a straightforward, financially sound opportunity for a buyer seeking stable tenancy, updated systems, and a property that performs without requiring heavy repositioning. A strong choice for anyone building a small investment portfolio or stepping confidently into income-producing real estate.
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Additional Information
- TotalTaxes
- $1,450
- Interior Features
- Circuit Breakers
- Sqft Range
- 1501-1750
- Basement
- Crawl Space, Partial, Stone
- Exterior Features
- Porch
- Exterior
- Wood
- Outbuildings
- Storage Shed
- School District
- Mondovi
- Courtesy Of
- RE/MAX Results Eau Claire
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