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.

Property Subtype: Triplex

Style:

Year Built: 1891

County: Eau Claire

School District: Eau Claire Area

Lot: 0.2 Acres

Listing Agency: Donnellan Real Estate

Listing Agent: Adrian Ong

Tax Amount: $2,903 for 2025

Unit Information


Interior Features


Basement:

Partial

Cooling:

None

Heating:

Space Heater

Fireplaces:

N

Sewer:

Public Sewer

Water:

Public

Exterior and Lot Features


Patio/Deck:

Enclosed, Porch,

Parking:

Yes

$199,999

Active


628 Germania Street
Eau Claire, WI 54703

MLS# 1600760 | Listed 40 days ago


0 Bedroom | 0 Bathroom