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.
Interior Details
- Above Grade Finished Area3,655 SqFt
- Appliances IncludedCommon Water Heater, Dryer, Electric Water Heater, Other, See Remarks, Washer
- BasementFull
- Below Grade Unfinished Area1,000 SqFt
- Building Area Total4,655 SqFt
- ElectricCircuit Breakers
- FireplaceOne, Other, See Remarks
- Fireplaces1
- FoundationBlock, Stone
- HeatingRadiant
- Living Area3,655 SqFt
Exterior Details
- ConstructionMetal Siding
- Lake/River NameDuncan Creek
- Lot Size1.8 Acres
- ParkingOther, See Remarks
- Patio FeaturesConcrete, Covered, Patio, Porch, Screened
- SewerPublic Sewer
- ViewWater
- Water SourcePublic
- WaterfrontCreek
- Waterfront Length156 Ft
Property Details
- 2025 Taxes$5,386
- CountyChippewa
- Number of Units4
- Other StructuresOutbuilding
- PossessionSubject To Tenant Rights
- Property SubtypeQuadruplex
- School DistrictChippewa Falls Area Unified
- StatusActive
- TownshipCity of Chippewa Falls
- Unit Number1-4
- Year Built1896
- ZoningCommercial, Residential-Multifamily
Ready to Take a Look?
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Call (715) 318-5141 Today!
