Rare investment opportunity in the City of Marion! This 3-unit multifamily property offers excellent potential for investors or owner-occupants. Two units are occupied, providing immediate rental income, while tenants pay all utilities, including water. The lower-level unit is currently vacant and requires some TLC, offering an opportunity to renovate and add value. Unit 2 is 1325 sq. ft. with a LL bonus room. With three units, existing rental income, and additional upside through improvements to the vacant unit, this property is worth a look! Measurements are approximate and should be verified by buyer. The property is being sold in an "as is" condition.
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Marion is located in Wisconsin. Marion, Wisconsin has a population of 1,056. Marion is more family-centric than the surrounding county with 24.35% of the households containing married families with children. The county average for households married with children is 23.59%.
The median household income in Marion, Wisconsin is $55,833. The median household income for the surrounding county is $65,070 compared to the national median of $69,021. The median age of people living in Marion is 41.5 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 32.2 inches per year, with 44 inches of snow per year.