Description
Great opportunity to own two 4-plex multi-family buildings (8 total units) in a quiet and desirable area in the heart of Lake Holcombe. This property also includes two additional lots, offering potential for future development, expansion, or added value. Currently 7 of the 8 units are occupied, providing immediate rental income for the next owner. Each unit features 1 bedroom, 1 bathroom, living room, dining room, kitchen, shared coin laundry, and a pet-friendly policy, helping maintain strong tenant demand. All units are ground-level, making them especially appealing for tenants who prefer single-level living and want to avoid stairs—a feature that helps attract long-term renters. The property has been gradually updated as tenants move out, improving overall condition while keeping units rented and producing income. Located in a very nice residential area, tenants enjoy easy access to popular Lake Holcombe recreation, along with convenient travel via Highway 27. Only 50 minutes from the Eau Claire and Chippewa Falls area and 20 minutes away from Ladysmith, making this an appealing location for renters who want small-town living with access to larger job markets. This is a great investment opportunity for someone who wants to get into the rental business! Get in touch today to schedule your private showing!
Interior Details
- Above Grade Finished Area6,048 SqFt
- Appliances IncludedDryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
- BasementCrawl Space
- Building Area Total6,048 SqFt
- ElectricCircuit Breakers
- FoundationPoured
- HeatingBaseboard
- Living Area6,048 SqFt
Exterior Details
- ConstructionWood Siding
- Lot Size1.2 Acres
- ParkingAsphalt, Driveway
- SewerPublic Sewer
- Water SourceDrilled Well, Shared Well
Property Details
- 2025 Taxes$3,798
- CountyChippewa
- Electric Expense$1,200
- InsuranceExpense$4,500
- Maintenance Expense$1,000
- Number of Units8
- Other StructuresShed(s)
- PossessionSubject To Tenant Rights
- Property SubtypeQuadruplex
- School DistrictLake Holcombe
- StatusActive
- TownshipTown of Lake Holcombe
- Trash Expense$1,200
- Unit Number1-8
- Water & Sewer Expense$4,200
- Year Built1981
- ZoningResidential-Multifamily
Ready to Take a Look?
Just give us a call and we would be happy to set up a showing!
Call (715) 318-5141 Today!
