Map location of 850 GARDNER STREET, Wisconsin Rapids, WI 54495
$350,000
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850 Gardner Street, Wisconsin Rapids, WI 54495

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6 Beds
4 Baths
1,260 Sq Ft

Welcome to this well-maintained 6-unit apartment building, perfectly situated in a neighborhood close to the YMCA, downtown, the river and walking trails. This property offers a fantastic opportunity for both seasoned investors and first-time buyers looking to expand their portfolio. This is a 6-unit property with great income opportunity. Total rents are $3690/month, providing strong cash flow. 4 above ground units each offers 2 beds and 1 bath. Lower-level units have long term tenants, one unit is a studio and the other 1 bed/1 bath. Some property highlights include a strong rental history. The building has undergone many updates including some units with new windo2ws, carpet and vinyl, electrical and plumbing, appliances, and fresh coats of paint. Seller states roof (Duralast) was redone in 2017 with a 15-year transferable warranty. A new boiler was installed in 2020, ensuring efficient heating. The exterior has been sealed and tuck pointed enhancing curb appeal and longevity. The property does have on-site parking in a large 46x50 garage and shared by all tenants.,Current tenant has been taking care of lawn and snow for a reduced rent. Shared laundry facilities has coin-operated laundry is conveniently located in the basement, with machines included in the sale. Don't miss out on this rare opportunity to invest in a well-located, income-generating property with strong potential for appreciation. Schedule a viewing today and explore the possibilities this 6-unit apartment building has to offer! Seller is a licensed Real Estate Sales Person. Pre-approval needed prior to showings. Heat/Water/Sewer included in Rent, Electric paid by tenants. All occupied units have Month 2 Month leases. Unit#1-1 bd 1 bath, new stove & refrigerator, tenants take care of lawn care & snow removal, has been there 20+years. Unit#2-Studio, completely remodeled, plumbing, flooring, paint, kitchen, has 2 electric heaters (as backup), long term tenant. Unit#3-2 bd 1 bath, some new windows. Unit #4-2 bd 1 bath, new windows, electric heaters added, this unit controls heat for whole building, some new electric. Unit #5-2 bd 1 bath, mostly new windows (Feb 2024), new carpet. Unit #6-2 bd 1 bath, some new windows, some new electric, long term tenant.

Listing By: TAMMI EVANS - FIRST WEBER WIREX Realty.com
  • MLS# 803650687566
  • Date Listed02/24/2025
  • Bedrooms 6
  • Bathrooms 4 Full baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Multi Family
  • County WOOD
  • Year Built 1890
  • Water Public
  • Square Feet 1,260 sq. ft
  • Price Per Sq. Ft $277.78

Interior Features

  • Appliances Dryer, Range, Oven, Refrigerator, Washer
  • Cooling Ceiling Fan(s)
  • Heating Natural Gas, Hot Water

Exterior / Lot Features

  • Roof Flat, Other
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Rt on 2nd Ave S,L on 10th

Financial Considerations

  • Tax Amount $6,111
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Grove Elementary School

Public • PK - 5 • Serves this home

2.29 mi

Distance

Woodside Elementary School

Public • PK - 5

3.21 mi

Distance

Grant Elementary School

Public • PK - 5

8.74 mi

Distance

Wisconsin Rapids Area Middle School

Public • 6 - 8 • Serves this home

2.1 mi

Distance

Lincoln High School

Public • 9 - 12 • Serves this home

2.69 mi

Distance

River Cities High School

Public • 9 - 12

5.05 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WI / 54495

Source: Walkscore

54/100

Somewhat Walkable

Walk Score ®

64/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 35/100.

Points of Interest near 850 GARDNER STREET, Wisconsin Rapids, WI 54495

Frequently Asked Questions for 850 GARDNER STREET

Source: Realty.com

850 GARDNER STREET, Wisconsin Rapids, WI 54495 is a Multi Family, Residential Income property listed for $350,000 The property is 1260 sq. ft with 6 bedrooms and 4 bathrooms

Realty.com has 47 photos of 850 GARDNER STREET.

Our records indicate that 850 GARDNER STREET was built in 1890.

The full address for this home is 850 GARDNER STREET, Wisconsin Rapids, WI 54495.

850 GARDNER STREET has been listed on Realty.com since Mon February 24, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 35/100.

There are 3 schools assigned to this home. Check out the schools near 850 GARDNER STREET. Grove Elementary School (Grades: PK - 5), Wisconsin Rapids Area Middle School (Grades: 6 - 8), Lincoln High School (Grades: 9 - 12)

Listing provided courtesy of: First Weber
Listing agent: Tammi Evans (tel: 715-741-0534) (#97471370034)

This content last refreshed on 2025-11-26 00:51:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 850 GARDNER STREET, Wisconsin Rapids, WI 54495 : MLS# 803650687566

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