Property Description

Rare 4 unit historic waterfront property overlooking Duncan Creek and the city of Chippewa Falls, situated on a 1.8 acre parcel in a highly desirable northside location near Irvine Park and downtown. This unique investment opportunity offers month-to-month leases in place, allowing for immediate flexibility in rental strategy, easy transition for a new owner, and strong potential for value optimization or possible owner-occupancy. Current rents have not been adjusted to reflect current market rents. Known as the historic AB McDonell Mansion, originally constructed by Alexander B. McDonell, the property showcases timeless craftsmanship throughout including hardwood floors, ornate ceilings, stained and etched glass windows, and detailed woodwork and floor inlays. Unit mix includes one 2 bedroom, 1.5 bath unit with a screened-in porch overlooking the grounds, and three additional 1 bedroom, 1 bath units. All units offer generous natural light and historic character with scenic views of the surrounding landscape and city. Property includes a 3 car detached garage with rear storage, ample off-street parking accessible from Judith Street, and an additional historic driveway entrance off N Bridge Street featuring original stonework (no longer in use). Being sold as-is. This is a rare opportunity to acquire a landmark property with strong rental flexibility, historic character, and long-term upside in a premier Chippewa Falls location.

Property Features

Units

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