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3662 N Clark Street Radisson, WI

$389,000 | MLS #1581796

3662 N Clark Street , Radisson, WI

Property Description:

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. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith—just 20 minutes away—places this property in an enviable position, catering to both the local community and visitors to the area.

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.

LISTING OFFICE:

Cb Northern Escape / Ladysmith

Property Details

County

Sawyer

School District

Winter

Above Grade

6,015 sq. ft.

Below Grade

0 sq. ft.

Style

Commercial

Property Type

CommercialSale

Lot Size

275 x 135 x

Acreage

0.77 acres

Property Taxes

$1,206.31

Tax Year

2023

Features

Basement

None

Cooling

None,Other,SeeRemarks

Exterior

CementSiding,Other,SeeRemarks,WoodSiding

Heating

Baseboard,WallFurnace

Roads

Highway

Sewer

PublicSewer

Water

Public

Zoning

Unzoned

DAVID JOHNSON

Realtor®

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NW WI MLS The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.

DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Saturday, September 21st, 2024
Copyright © 2024 Northwestern Wisconsin MLS Corporation. All rights reserved.

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