Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $299,900
MLS#: 6699705
Current Price: $299,900
Address: 318 Main Street, Balsam Lake, WI 54810
City: Balsam Lake
State: WI
Postal Code: 54810
Geo Lat: 45.450361
Geo Lon: -92.452753
Subdivision: Original V Balsam Lake
County: Polk
Property Description
Year Built: 1938
Lot Size SqFt: 3920.4
Gen Tax: 2031
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 3
Total Bathrooms: 3
Total Full Baths: ********
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Leases
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: