New Listing
1428 4th Avenue South,Park Falls, WI 54552
Park Falls, WI 54552
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.
Details
| MLS # | 22604113 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 3 |
| Listing Provided By | NORTHWOODS REALTY | CALA NEU |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,140 |
| Zoning | Commercial |
| Acreage | 1.00 |
Taxes
| Property | 2015 |
|---|
Area Information
| State | WI |
|---|---|
| County | Price County |
| City | Park Falls |
| Zip Code | 54552 |
| Area | Other |
| Subarea | Other |
| Listing VS Median (in 54552) | |
Price: $244,900 low | high Med: $362,400 sqft: 3,140 low | high Med: 2,449 $ / sqft: $78 low | high Med: $150 On site: 3 low | high Med: 63.5 | |
Market Activity 54552
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Learn More About This Property
| State | WI |
|---|---|
| County | Price County |
| City | Park Falls |
| Zip Code | 54552 |
| Area | Other |
| Subarea | Other |
| Listing VS Median (in 54552) | |
Price: $244,900 low | high Med: $362,400 sqft: 3,140 low | high Med: 2,449 $ / sqft: $78 low | high Med: $150 On site: 3 low | high Med: 63.5 | |