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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.

Features
: Forced air
: Partial finished, Full, Laundry hookups
: Shingle, Metal
: Refrigerator, Washer, Dryer, Oven
: No
: Lp gas
: Electric
: Carpet, Vinyl
: Lower level utility
: Mound
: Pv sewer/pv water
Additional Information
: No
: No
50-271-2-40-01-25-5 05-00
2015
2025
: Commercial
Park Falls, City Of
Heading S of Park Falls, Take the 2nd Right on Hwy

Residential For Sale

1428 4TH AVENUE SOUTH, Park Falls, Wisconsin 54552

5 Bedrooms
4 Bathrooms
3,140 Sqft
$244,900
Listing ID #22604113
Courtesy of NORTHWOODS REALTY
Basic Details
Property Type : Residential
Sub-Type : Single family
Listing Type : For Sale
Listing ID : 22604113
Price : $244,900
Bedrooms : 5
Bathrooms : 4
Square Footage : 3,140 Sqft
Lot Area : 1 Acre
Year Built : 1920
Country : US
State : WI
County : Price County
City : Park Falls
Area : Other
Zipcode : 54552
Style : 1 Story
DOM : 2
Status : Active
Contact Agent
Disclaimer: Information contained herein must be verified by user/buyer.
Real estate data provided by Central Wisconsin Multiple Listing Service Inc. (CWMLS) unauthorized use of this data is prohibited.
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