Investment opportunity in the heart of historic Wausau! Welcome to 511 Franklin St, an impressive 3-story property offering 8 units and 8 bathrooms, making it one of the largest multi-unit buildings for miles. With 4,819 sq ft of space, pristine original woodwork, and a remarkably solid structure, this building is packed with long-term potential.
Located in a safe community and positioned within ½ mile of the local police station, this property is ideal for traveling nurses, short-term visitors, or long-term tenants seeking convenience and comfort. Just 5 minutes from Granite Peak Ski Area, and right in downtown Wausau, residents can enjoy being minutes from popular restaurants, entertainment, and the bustling Wausau Square—home to frequent events and gatherings.
The basement features a functional community room and on-site laundry facilities, adding value and convenience for tenants. The historic district location further enhances its desirability, blending old-world charm with modern rental demand.
With outstanding revenue potential, unbeatable proximity to major attractions, and rare size for the area, 511 Franklin St is a standout investment ready for its next owner.