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Angie Rothmeier

angie@eliasonrealty.com +1(715) 965-0758

$ 244,900

Est. payment -/mo

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1428 4TH AVE S Park Falls, WI 54728

5 Beds

4 Baths

3,140 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $77

MLS Listing ID 219185

Style One Story

Bedrooms 5

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,350

Annual Tax Amount $2,015

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Quadruplex

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

Community Shopping

Direction Heading South of Park Falls, Take the 2nd Right on Hwy 13.

Rooms

Basement Exterior Entry, Full, Interior Entry, Partially Finished

Interior

Heating Hot Water, Propane

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer

Laundry Washer Hookup, In Basement

Exterior

Exterior Feature Gravel Driveway

Parking Features No Garage, Driveway

Community Features Shopping

Water Access Desc Drilled Well

Roof Type Composition,Metal,Shingle

Road Frontage Highway

Garage No

Building

Lot Description Rural Lot, Wooded

Foundation Block

Sewer Mound Septic

Water Drilled Well

Level or Stories One

Schools

Elementary Schools Pr Chequamegon

Others

Tax ID 50-271-2-40-01-25-5 05-006-50000

Ownership Fee Simple

Listed by NORTHWOODS REALTY

NEARBY SCHOOLS & PROPERTIES

Angie Rothmeier

Agent | License ID: 89688-94

+1(715) 965-0758

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