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Listed by Tom Hartmann • Property Executives Realty
$299,900
Est. payment /mo
3,580 SqFt
Active
318 Main Street Balsam Lake, WI 54026
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $83
Municipality BALSAM LAKE
MLS Listing ID 1590381
Year Built 1938
Annual Tax Amount $2,031
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Don?t miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there?s a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.
Location
State WI
County Polk
Rooms
Basement Full
Interior
Cooling Wall A/C, Hot Water
Exterior
Exterior Feature Brick, Stone
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Unity
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