Radisson, WI 54867
MLS# 1581796 $389,000.00
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.
| Style | Commercial |
|---|---|
| Type | CommercialSale |
| Zoning | Unzoned |
| School Dist | Winter |
| County | Sawyer |
| Lot Size | 275 x 135 x |
|---|---|
| Acreage | 0.77 acres |
| Above Grd | 6,015 sq ft |
| Below Grd | — |
| Tax $ / Year | $1,206 / 2023 |
Includes
N/A
Excludes
N/A
| Roads | Highway |
|---|
| Basement | None |
|---|---|
| Cooling | None,Other,SeeRemarks |
| Exterior Features | CementSiding,Other,SeeRemarks,WoodSiding |
| Heating | Baseboard,WallFurnace |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Laundry | N |
Listing Agency
Cb Northern Escape / Ladysmith
Directions
In Radisson at the corner of Hwy 70 and Hwy 40 (Clark Street), turn south two blocks to the apartments/laundromat on the left.
