- 3662 N Clark Street Radisson, WI 54867
- $389,000
- MLS #1581897
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. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith—just 20 minutes away—places this property in an enviable position, catering to both the local community and visitors to the area.
Basic Features:
| Style | Multiplex |
|---|---|
| Type | ResidentialIncome |
| Zoning | Unzoned |
| School District | Winter |
| County | Sawyer |
| Lot Size | 275 x 135 x |
| Acreage | 0.77 acres |
| Above Grade | 6,015 sq ft |
| Below Grade | 0 sq ft |
| Tax $ / Year | $1,206 / 2023 |
Includes:
Dryer,GasWaterHeater,Other,Oven,Range,Refrigerator,SeeRemarks,Washer
Excludes:
Microwave,Sellers Personal,Tenants Personal
| Basement | None |
|---|---|
| Cooling | None,Other,SeeRemarks |
| Electric | CircuitBreakers |
| Exterior Features | CementSiding,Other,SeeRemarks,WoodSiding |
| Heating | Baseboard,Other,SeeRemarks,WallFurnace |
| Other Buildings | None |
| Patio / Deck | None |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Parking Lot | Driveway,Gravel |
| Laundry | N |
Listing Agency:
Cb Northern Escape / Ladysmith
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