Property Listing
Description
Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space, making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three homes have been extensively updated during current ownership, including new flooring throughout, updated windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also features a new water filtration system serving the homes. All units are electric for simplified utility management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus $50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property offers additional space and potential for future expansion or added amenities. Whether you’re looking to expand your portfolio with a low maintenance asset or live in one unit while the others pay your mortgage, this is a clean, income-producing property with built-in upside.
Property Information
Status: Active
Sub Type: ********
List Price: $449,900
MLS#: 7099596
Current Price: $449,900
Address: 1787 108th Street, Balsam Lake, WI 54810
City: Balsam Lake
State: WI
Postal Code: 54810
Geo Lat: 45.467427
Geo Lon: -92.383053
Subdivision:
County: Polk
Property Description
Year Built: 2000
Lot Size SqFt: 132422.4
Gen Tax: 2623
Specials Inst: 2623
High School: Unity
Square Ft. Source:
Above Grade Finished Area: 2016
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2016
Style: Array
Total Bedrooms: 6
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: