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Park Falls,WI 54552
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,538 sqft
Price per Sqft $45
MLS Listing ID 214930
Annual Tax Amount $5,325
Tax Year 2024
Lot Size 1.050 Acres
Property Sub-Type Multi Family
Property Description
Prime Park Falls Investment Opportunity — Well-established multifamily property in the heart of downtown Park Falls. This fully occupied four-unit offering features stable, long-term tenants and excellent proximity to local retailers, restaurants, and services. Unit mix includes one 2-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath. Property highlights include an on-site laundry area, indoor parking available for tenants at an additional monthly fee, and ample exterior parking. Included are three parcels — one being a 0.3-acre buildable vacant lot to the south, offering extraordinary potential for future expansion, storage buildings, garages, or additional rental units. Excellent cash-flow asset with development upside in a growing community.
Location
State WI
County Price
Interior
Heating Electric,Natural Gas
Flooring Mixed
Inclusions Real Estate Only
Exterior
Parking Features Garage,Paved,Private,Driveway,Shared Driveway
Utilities Available High Speed Internet Connected,Phone Available
Roof Type Composition,Shingle
Building
Lot Description Level
Sewer Public Sewer
Water Public