3662 Clark Street #1-7 Active

Radisson,WI 54867

$ 389000

- Bed

- Bath

6015 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,015 sqft

Price per Sqft $64

MLS Listing ID 1581897

Annual Tax Amount $1,206

Tax Year 2023

Lot Size 0.770 Acres

Property Description

Imagine owning a property with a robust 13% cap rate and a gross income multiplier of 6. Consisting of 7 occupied rental units and a re-tooled public laundromat. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith?just 20 minutes away?places this property in an enviable position, catering to both the local community and visitors to the area.

Location

State WI

County Sawyer

Zoning Unzoned

Interior

Heating Electric,Lp Gas

Cooling None,Other,Baseboard,Wall Furnace

Inclusions Included:Dryer,Included:Other-See Remarks,Included:Oven/Range,Included:Refrigerator,Included:Washer

Equipment Dryer,Range/Oven,Refrigerator,Washer

Exterior

Exterior Feature Concrete,Other,Wood

Building

Dwelling Type MultiPlex

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

School District Winter

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