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$ 244,900
Est. payment | /mo
4,640 SqFt
$ 244,900
Est. payment | /mo
4,640 SqFt
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $52
MLS Listing ID 22604110
Year Built 1920
Annual Tax Amount $2,015
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Real Estate For Sale
Property Description
Investment opportunity in the heart of the Northwoods! This well-maintained four-unit property offers an excellent opportunity to add an income-producing asset to your portfolio in a community surrounded by the natural beauty and year-round recreation of Wisconsin's Northwoods. The property features a desirable mix of (2) two bedroom, one-bath units, (1) one-bedroom, one-bath unit, and (1) studio, providing flexibility for a variety of tenants. Units 1, 2 and 4 have been fully remodeled, while Unit 3 has been well maintained and features updated windows. Each unit has separate electric, individual water heaters, and LP boiler heat. A coin-operated washer and dryer are offered in the basement for tenants, providing additional income to the owner. The building is serviced by a private well and mound septic system installed in 2004. Located just south of Park Falls on State Highway 13, the property is conveniently situated minutes from the amenities of Park Falls while providing tenants a country setting in the middle of everything that makes the Northwoods special. Park Falls is surrounded by lakes, forests and year-round recreation, with easy access to the Flambeau River, Chequamegon-Nicolet National Forest, the Tuscobia State Trail and an extensive network of ATV and snowmobile trails. Whether you're looking to expand your rental portfolio, add a multifamily property in a recreational Northwoods community, or looking for your own residence with income, this investment property offers a solid combination of location, updates, functional unit layouts and long-term potential.
Location
State WI
County Price County
Area Other
Zoning Commercial
Rooms
Other Rooms 4
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Roof Type Shingle,Metal
Building
Story 1
Sewer Well
Water Well
Level or Stories 1
Others
Tax ID 271-1127-05 000
Energy Description LP Gas
Listed by NORTHWOODS REALTY
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