$915,000
$999,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
1,008 SqFt
SOLD DATE : 07/12/2024
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $907
MLS Listing ID 1578383
Sold Date 07/12/24
HOA Y/N No
Abv Grd Liv Area 1,008
Year Built 1900
Annual Tax Amount $7,952
Tax Year 2023
Lot Size 2.260 Acres
Acres 2.26
Property Sub-Type Triplex
Property Description
Excellent investment opportunity. 4 Duplexes with room for 1 more to be built, all on City water and sewer and natural gas. These units are very popular and there is always a waiting list to get in, 100% occupancy. Current owner kept rent below the going rate, so there is definitely room for more income here. Units are all 2 bedroom, 1 bath and each has an attached 1 car garage. 6 of the units have in-slab heat with brand new boilers and 2 of the units have off-peak electric heat with propane fireplaces. The last 2 units are 2Feet wider in the living and dining areas. These units are all well maintained. All units are accessible, ground level and have patios in the back.
Location
State WI
County Bayfield
Area 57 - Ashland/Bayfield
Interior
Heating Baseboard, Radiant Floor
Cooling Wall Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation Poured, Slab
Sewer Public Sewer
Water Public
Schools
School District Maple
Others
Tax ID 20524
Financing Conventional
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