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$ 244,900
Est. payment /mo
New
1428 4TH AVE S Park Falls, WI 54552
5 Beds
4 Baths
3,110 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,110 sqft
Price per Sqft $78
MLS Listing ID 219155
Bedrooms 5
Full Baths 4
HOA Y/N No
Annual Tax Amount $2,015
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi Family
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
Direction Heading South of Park Falls, Take the 2nd Right on Hwy 13.
Interior
Heating Hot Water, Propane
Flooring Vinyl
Fireplace No
Exterior
Parking Features Private, Driveway
Water Access Desc Drilled Well
Roof Type Composition,Metal,Shingle
Road Frontage Highway
Building
Lot Description Rural Lot, Wooded
Story 1
Sewer Mound Septic
Water Drilled Well
Others
Tax ID 271-1127-05 000
Ownership None
Listed by NORTHWOODS REALTY
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