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$ 650,000
Est. payment | /mo
8.61 Acres Lot
$ 650,000
Est. payment | /mo
8.61 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7123125
Year Built 1962
Annual Tax Amount $5,378
Tax Year 2025
Contingent None
Lot Size 8.607 Acres
Lot Dimensions 187x200
Property Description
Investors—this one is ready to go! This cash-flowing 8-unit apartment building has had over $125,000 in recent improvements, including four completely renovated units and increased rents. With strong rental income, a solid tenant base, and major updates already completed, this is a great opportunity to step into a well-performing property without taking on a big renovation project. There's also potential for additional income through storage and other opportunities. Whether you're looking to add to your portfolio or jump into a solid investment property, this one is worth a look. Don't miss out!
Location
State WI
County Burnett
Zoning Residential-Multi-Family
Rooms
Basement Block
Interior
Heating Boiler
Cooling None
Inclusions Building
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Asphalt, Paved Lot
Utilities Available Electric Separate, Hot Water Common
Present Use Residential
Building
Lot Description Corner Lot
Foundation 5539
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Block
New Construction false
Schools
School District Grantsburg
Listed by Miranda Gray • RE/MAX Synergy
Nearby Locations
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Tom Ott
REALTOR® Lic# 590400