$275,000
$299,900
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3,580 SqFt
SOLD DATE : 07/21/2025
Key Details
Sold Price $275,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $76
MLS Listing ID 1590381
Sold Date 07/21/25
HOA Y/N No
Abv Grd Liv Area 3,580
Year Built 1938
Annual Tax Amount $2,031
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Commercial
Property Description
Don't miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there's a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.
Location
State WI
County Polk
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Unity
Others
Tax ID 106002640000
Financing Cash
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