aaron@TEAMTIRY.com | cheree@TEAMTIRY.com
MLS# 1590381
318 Main Street Balsam Lake, WI 54026
Property Remarks
Don’t miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there’s a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.
Features
County
Polk
School District
Unity
Above Grade
3,580 sq. ft.
Below Grade
0 sq. ft.
Year Built
1938
Age
87 yrs old
Style
Commercial
Property Type
CommercialSale
Lot Size
0 x 0 x
Acreage
0.09 acres
Property Taxes
$2,031
Additional Features
Basement
Full
Cooling
WindowUnits
Exterior
Brick,Stone
Heating
HotWater
Roads
CityStreet
Sewer
PublicSewer
Tax Year
2024
Water
Public
Directions
From State Hwy 8 go North on Hwy 46 to Balsam Lake to property on Right
Listing Agency
Property Executives Realty
Buyer Agent Compensation: n/a
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