Bought with Non WIREX Agent
$915,000
$999,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
68095 Cty Hwy H Iron River, WI 54847
8 Beds
4 Baths
2.26 Acres Lot
Key Details
Sold Price $915,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Municipality IRON RIVER
Subdivision Pettingills First Add
MLS Listing ID 6461034
Sold Date 07/12/24
Bedrooms 8
Year Built 1900
Annual Tax Amount $7,366
Tax Year 2022
Lot Size 2.260 Acres
Acres 2.26
Property Description
Excellent investment opportunity. 4 Duplexes with room for 1 more to be built, all on City water and sewer and natural gas. These units are very popular and there is always a waiting list to get in, 100% occupancy. Current owner kept rent below the going rate, so there is definitely room for more income here. Units are all 2 bedroom, 1 bath and each has an attached 1 car garage. 6 of the units have in-slab heat with brand new boilers and 2 of the units have off-peak electric heat with propane fireplaces. The last 2 units are 2Feet wider in the living and dining areas. These units are all well maintained. All units are accessible, ground level and have patios in the back.
Location
State WI
County Bayfield
Zoning Residential-Multi-Family
Interior
Heating Electric, Natural Gas, Lp Gas
Cooling Wall/Sleeve Air, Baseboard, Forced Air, In-floor
Exterior
Exterior Feature Vinyl
Parking Features Attached
Garage Spaces 1.0
Parking On Site 1
Utilities Available Electricity, Electricity
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Maple
Others
Acceptable Financing Other
Listing Terms Other
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