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Listed by Alison Kempen • CB Northern Escape/Ladysmith
$ 389,000
Est. payment /mo
Active
3662 N Clark ST #1-7 Radisson, WI 54867
6,015 SqFt
UPDATED:
10/02/2024 02:32 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,015 sqft
Price per Sqft $64
MLS Listing ID 1581796
HOA Y/N No
Abv Grd Liv Area 6,015
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
Area 50 - All Others Sawyer
Rooms
Basement None
Interior
Heating Baseboard, Wall Furnace
Cooling None, Other, See Remarks
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation Poured
Sewer Public Sewer
Water Public
Schools
School District Winter
Others
Tax ID 37259