$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
2.26 Acres Lot
Key Details
Sold Price $915,000
Property Type Commercial
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Subdivision Pettingills First Add
MLS Listing ID 6461034
Sold Date 07/12/24
Year Built 1900
Annual Tax Amount $7,366
Tax Year 2022
Contingent None
Lot Size 2.260 Acres
Acres 2.26
Lot Dimensions 200x200+100x300 and 140x200
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 Baseboard, Forced Air, Radiant Floor
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Attached Garage, Asphalt
Garage Spaces 1.0
Utilities Available Electric Separate
Present Use Residential
Building
Foundation 2016
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
Schools
School District Maple
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