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Listed by Jackson Rohde • EXP Realty, LLC
$449,900
Est. payment /mo
6 Beds
2,016 SqFt
New
1787 108th Street Balsam Lake, WI 54810
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $223
Municipality APPLE RIVER
MLS Listing ID 7099596
Bedrooms 6
Year Built 2000
Annual Tax Amount $2,623
Tax Year 2025
Lot Size 3.040 Acres
Acres 3.04
Property Description
Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space, making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three homes have been extensively updated during current ownership, including new flooring throughout, updated windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also features a new water filtration system serving the homes. All units are electric for simplified utility management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus $50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property offers additional space and potential for future expansion or added amenities. Whether you?re looking to expand your portfolio with a low maintenance asset or live in one unit while the others pay your mortgage, this is a clean, income-producing property with built-in upside.
Location
State WI
County Polk
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement None
Interior
Interior Features Circuit Breakers
Heating Electric
Cooling Baseboard, Other
Exterior
Exterior Feature Stucco
Utilities Available Electricity, Electricity
Roof Type Shingle
Building
Dwelling Type 1 Story
Sewer Well, Holding Tank
New Construction N
Schools
School District Unity
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