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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.
Dryer,GasWaterHeater,Other,Oven,Range,Refrigerator,SeeRemarks,Washer
Microwave,Sellers Personal,Tenants Personal
In Radisson at the corner of Hwy 70 and Hwy 40 (Clark Street), turn south two blocks to apartments/laundromat on the left. No for sale sign on property.
Cb Northern Escape / Ladysmith
County
Sawyer
School District
Winter
Above Grade
6,015 sq. ft.
Below Grade
0 sq. ft.
Style
Multiplex
Property Type
ResidentialIncome
Lot Size
275 x 135 x
Acreage
0.77 acres
Property Taxes
$1,206.31
Tax Year
2023
Basement
None
Cooling
None,Other,SeeRemarks
Electric
CircuitBreakers
Exterior
CementSiding,Other,SeeRemarks,WoodSiding
Heating
Baseboard,Other,SeeRemarks,WallFurnace
Out Buildings
None
Patio/Deck
None
Sewer
PublicSewer
Water
Public
Zoning
Unzoned
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: Sunday, April 20th, 2025
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Alert Me
Homes are selling fast! Don't miss out on new listings.
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Fill out the form below, and we will e-mail a link and the details for this property to you and your friend. We do not store or share your e-mail address; it is used only in sending the message.