940 Bridge Street #1-4, Chippewa Falls, WI 54729
940 Bridge Street #1-4, Chippewa Falls, WI 54729
940 Bridge Street #1-4, Chippewa Falls, WI 54729
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Listed by Brooke Peterson • General Property Management LLC
$300,000
Est. payment /mo
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5 Beds
3,655 SqFt
Active

940 Bridge Street #1-4 Chippewa Falls, WI 54729

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Jeremy Mavis

Jeremy Mavis

+1(715) 558-2866

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $82

Municipality CHIPPEWA FALLS

MLS Listing ID 1602667

Bedrooms 5

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

Lake Name Duncan Creek

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

Waterfront Description 101-199 feet,Creek,Waterfrontage on Lot

Building

Dwelling Type 3-Season,FourPlex

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

School District Chippewa Falls

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Jeremy Mavis

Jeremy Mavis

Broker Associate

+1(715) 558-2866

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940 Bridge Street #1-4