68095 Cty Hwy H 1, Iron River, WI 54847

Description

Excellent investment opportunity. 4 Duplexes with room for 1 more to be built, all on City water and sewer and natural gas. These units are very popular and there is always a waiting list to get in, 100% occupancy. Current owner kept rent below the going rate, so there is definitely room for more income here. Units are all 2 bedroom, 1 bath and each has an attached 1 car garage. 6 of the units have in-slab heat with brand new boilers and 2 of the units have off-peak electric heat with propane fireplaces. The last 2 units are 2Feet wider in the living and dining areas. These units are all well maintained. All units are accessible, ground level and have patios in the back.

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Interior Details

  • Above Grade Finished Area1,008 SqFt
  • Building Area Total2,016 SqFt
  • CoolingWall Unit(s)
  • ElectricCircuit Breakers
  • FoundationPoured, Slab
  • HeatingBaseboard, Radiant Floor
  • Living Area1,008 SqFt

Exterior Details

  • ConstructionVinyl Siding
  • Lot Size2.26 Acres
  • SewerPublic Sewer
  • Water SourcePublic

Property Details

  • 2023 Taxes$7,952
  • CountyBayfield
  • Electric Expense$2,250
  • InsuranceExpense$3,800
  • Maintenance Expense$1,800
  • Number of Units8
  • Property SubtypeTriplex
  • School DistrictMaple
  • StatusActive
  • Unit Number1
  • Year Built1900

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Call (715) 318-5141 Today!

MLS# 1578383

$999,000

Triplex, Residential Income Property built in 1900

Acres
2.26 Acres

County
Bayfield

Above Grade
1,008 sq ft

Status
Active

Units

Unit #1  |  $770
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #2  |  $770
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #3  |  $730
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #4  |  $730
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #5  |  $730
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #6  |  $730
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #7  |  $730
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0

Unit #8  |  $730 / Month
Bedrooms: 2  |  Bathrooms (F/H): 1/0
1,008 sq ft  |  Garage Spaces: 0

Questions?

Listed By

Listing Office: Coldwell Banker Realty~Iron River

Listing Agent: Peggy Kman

Last Updated: March 15th @ 7:18 AM

Questions?

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