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Listed by Alison Kempen • CB Northern Escape/Ladysmith
$389,000
Est. payment /mo
6,015 SqFt
Active
3662 Clark Street #1-7 Radisson, WI 54867
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UPDATED:
10/02/2024 03:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,015 sqft
Price per Sqft $64
Municipality RADISSON
MLS Listing ID 1581796
Annual Tax Amount $1,206
Tax Year 2023
Lot Size 0.770 Acres
Acres 0.77
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 Some rents have remained unchanged for years. Convenient location. Walking distance to a bank, dollar store, post office, gas station, and churches. Twenty minutes to Hayward or Ladysmith. Financing available to approved buyer. 12% down, 7% interest, 20 yr. amortization, 5 yr. balloon.
Location
State WI
County Sawyer
Zoning Unzoned
Rooms
Basement None / Slab, Poured Concrete
Interior
Heating Electric, Lp Gas
Cooling None, Other, Baseboard, Wall Furnace
Exterior
Exterior Feature Concrete, Other, Wood
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Winter
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