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Directions
In Radisson at the corner of Hwy 70 and Hwy 40 (Clark Street), turn south two blocks to apartments/laundromat on the left. No for sale sign on property.
Listing Agency
Cb Northern Escape / Ladysmith
3662 N Clark Street , Radisson, WI
$389,000.00
MLS# 1581897
Remarks
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.
Style | Multiplex |
---|---|
Type | ResidentialIncome |
Zoning | Unzoned |
School Dist | Winter |
County | Sawyer |
Lot Size | 275 x 135 x |
Acreage | 0.77 acres |
Garage | N/A |
---|---|
Basement | None |
Above Grd | 6,015 sq ft |
Below Grd | — |
Tax $ / Year | $1,206 / 2023 |
Includes
Dryer,GasWaterHeater,Other,Oven,Range,Refrigerator,SeeRemarks,Washer
Excludes
Microwave,Sellers Personal,Tenants Personal
Features | |
---|---|
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 |
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Investment Realty are marked with the NW WI MLS icon. The information provided by the seller, listing broker, and other parties may not have been verified.
DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.