60
See all 60 photos
$300,000
Est. payment /mo
3,655 SqFt
Price Dropped by $90K
940 Bridge Street #1-4 Chippewa Falls, WI 54729
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,655 sqft
Price per Sqft $82
MLS Listing ID 1602667
Year Built 1896
Annual Tax Amount $5,386
Tax Year 2025
Lot Size 1.800 Acres
Acres 1.8
Property Description
Rare historic four-unit property overlooking Duncan Creek and Chippewa Falls on 1.8 acres near Irvine Park and downtown. Month-to-month tenancies offer flexibility to reposition rents, complete improvements, or pursue possible owner-occupancy. Current rents are below market. Appraised at $422,500 in May 2025. Known as the historic A.B. McDonell Mansion, built by Alexander B. McDonell, this landmark showcases hardwood floors, ornate ceilings, stained and etched glass, detailed woodwork, and floor inlays. Unit mix includes (1) 2bed/1.5bath unit with a screened porch and (3) 1bed/1bath units. Each offers abundant natural light, historic character, and scenic views. Includes a detached 3 car garage with rear storage and ample off-street parking from Judith Street. A historic driveway from N Bridge Street retains its original stonework but is no longer used. A July 2026 rental-market analysis estimates rents of $695 per month for each 1 bedroom unit and $995 for the 2 bedrooms unit, representing potential stabilized gross rent of $3,080 per month or $36,960 annually at full occupancy. Projections are not guaranteed and depend on condition, improvements, lease terms, timing, and market conditions. Buyers should verify projected rents, expenses, and improvement costs. Sold as-is. A distinctive value-add opportunity combining rental flexibility, historic character, and long-term upside in a premier Chippewa Falls location.
Location
State WI
County Chippewa
Zoning Commercial,Residential-Multifamily
Rooms
Basement Full, Block, Stone
Interior
Interior Features Other, Circuit Breakers
Heating Natural Gas
Cooling None, Radiant
Inclusions Included:Dryer, Included:Other-See Remarks, Included:Washer
Equipment Seller Owned: Washer, Seller Owned: Dryer, Dryer, Washer
Exterior
Exterior Feature Aluminum/Steel
Building
Dwelling Type 3-Season,FourPlex
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Chippewa Falls
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