Iron River, WI 54847
MLS# 1578383 $999,000.00
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.
| Style | Triplex |
|---|---|
| Type | ResidentialIncome |
| Zoning | N/A |
| Year Built | 1900 |
| School Dist | Maple |
| County | Bayfield |
| Lot Size | 200 x 200 x 100 x 300 |
|---|---|
| Acreage | 2.26 acres |
| Above Grd | 1,008 sq ft |
| Below Grd | — |
| Tax $ / Year | $7,953 / 2023 |
Includes
N/A
Excludes
N/A
| Cooling | WallUnits |
|---|---|
| Electric | CircuitBreakers |
| Exterior Features | VinylSiding |
| Heating | Baseboard,RadiantFloor |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Laundry | N |
| # | Beds | Baths (F/P) | Rent | Lease | Garage | Remarks |
|---|---|---|---|---|---|---|
| 17210720 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210721 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210722 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210723 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210724 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210725 | 2 | 1 / 0 | $730 | Mthly | ||
| 17210726 | 2 | 1 / 0 | $770 | Mthly | ||
| 17210727 | 2 | 1 / 0 | $770 | Mthly |
Listing Agency
Coldwell Banker Realty~iron River
